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How fast do wages adjust to human-capital productivity? Dynamic panel-data evidence from Belgium, Denmark and Finland

Andini, Corrado - 2009

The standard human-capital model is based on the assumption that the observed wage of an individual is equal to the monetary value of the individual net human-capital productivity, the so-called net potential wage. We argue that this assumption is rejected by the ECHP data for Belgium, Denmark...

Persistent link: https://www.econbiz.de/10010271292

Earnings over the lifecycle: the Mincer earnings function and its applications

Polachek, Solomon W. - 2007

In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...

Persistent link: https://www.econbiz.de/10010268458

Life-cycle equilibrium unemployment

Chéron, Arnaud; Hairault, Jean-Olivier; Langot, François - 2008

This paper develops a life-cycle approach to equilibrium unemployment. Workers only differ respectively to their distance from deterministic retirement. A non age-directed search equilibrium is then typically featured by increasing (decreasing) firing (hiring) rates with age and a hump-shaped...

Persistent link: https://www.econbiz.de/10010268639

Education and Earnings Growth: Evidence from 11 European Countries

Brunello, Giorgio; Comi, Simona - 2000

We use cohort data from 11 European countries to study whether experience profiles differ by educational attainment. Previous literature does not provide a clear answer to this question, that is important to evaluate private returns to education over the working life of individuals. We find...

Persistent link: https://www.econbiz.de/10010262356

Education and earnings growth: Evidence from 11 European countries

Brunello, Giorgio; Comi, Simona - 2000

Persistent link: https://www.econbiz.de/10011608593

The contributions of search and human capital to earnings growth over the life cycle

Bowlus, Audra J.; Liu, Huju - 2012

This paper presents and estimates a unified model where both human capital investment and job search are endogenized. This unification enables us to quantify the relative contributions of each mechanism to life cycle earnings growth, while investigating potential interactions between human...

Persistent link: https://www.econbiz.de/10010291967

Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees

van Praag, C. Mirjam; van Witteloostuijn, Arjen; van … - 2009

How valuable is education for entrepreneurs' performance as compared to employees'? What might explain any differences? And does education affect peoples' occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that education...

Persistent link: https://www.econbiz.de/10010277025

Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees

van Praag, Mirjam; van Witteloostuijn, Arjen; van der … - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Persistent link: https://www.econbiz.de/10010325994

Mobilisierung alternativer Finanzressourcen: Erfahrungen mit der Einführung von Studiengebühren: Vortrag bei der Tagung 'Quoi de neuf sur l'Allemagne? Les universités allemandes en mutation'/'Brennpunkt Hochschulreform. Transformationen des Hoschschulsystems in Deutschland', Sciences Po Paris, 26. September 2008, CSO/Science Po/CIERA

Petersen, Hans-Georg - 2008

Der vorgestellte Beitrag gibt einen Überblick über die gegenwärtige Hochschulfinanzierung in Deutschland; kürzlich haben einige Bundesländer Studiengebühren eingeführt, die zu einer teilweisen Finanzierung der Studienkosten beitragen sollen. Im II. Kapitel werden außerdem kurz die...

Persistent link: https://www.econbiz.de/10010270847

On the Wage Growth of Immigrants: Israel, 1990-2000

Weiss, Yoram; Eckstein, Zvi - 2003

theory. The sources of the wage growth are: (i) the rise of the return to imported human capital; (ii) the impact of … capital theory, we derive a non-linear model that imposes restrictions across the earning equations of natives and immigrants … following arrival, wages of highly skilled immigrants grow at 8% a year. Rising prices of skills, occupational transitions …

Persistent link: https://www.econbiz.de/10010262081