Showing 1 - 10 of 46
1 Introduction1.1 BackgroundThe Research Centre for Education and the Labour Market generates everytwo years medium-term forecast of the labour market prospects of typesof education and occupations. The first forecast were generated in 1989,after a pilot in 1987, under a contract from the...
Persistent link: https://www.econbiz.de/10005450919
In this paper, I show that Hicks neutral technical change is identified as the information of order sigma obtained if the distribution of factor prices is replaced by the distribution of factor efficiency parameters. Together with Solow's residual, the information method enables us to...
Persistent link: https://www.econbiz.de/10005459037
This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur; workers self-select the type of skills to supply and firms...
Persistent link: https://www.econbiz.de/10011128031
In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the weighted sum of their respective multivariate attributes, many papers in the literature have used linear canonical correlation, and related techniques, in order to estimate...
Persistent link: https://www.econbiz.de/10011128040
This paper contributes to the literature on hedonic models in two ways. First, it makes use of Queyranne's reformulation of a hedonic model in the discrete case as a network flow problem in order to provide a proof of existence and integrality of a hedonic equilibrium and efficient computational...
Persistent link: https://www.econbiz.de/10011105071
Which and how many attributes are relevant for the sorting of agents in a matching market? This paper addresses these questions by constructing indices of mutual attractiveness that aggregate information about agents’ attributes. The first k indices for agents on each side of the market...
Persistent link: https://www.econbiz.de/10011107197
Which and how many attributes are relevant for the sorting of agents in a matching market? This paper addresses these questions by constructing indices of mutual attractiveness that aggregate information about agents' attributes. The first k indices for agents on each side of the market provide...
Persistent link: https://www.econbiz.de/10011156464
In this paper, we develop an allocation model of workers differentiated by their field of study to test whether international differences in the wage structure can be explained by differences in labor demand and supply in each country. The model explicitly takes into account the effects of...
Persistent link: https://www.econbiz.de/10011199168
This paper studies the optimal public investment decisions in countries experiencing a resource windfall. To do so, we use an augmented version of the Permanent Income framework with public investment faced with adjustment costs capturing the associated administrative capacity as well as...
Persistent link: https://www.econbiz.de/10011242260
In this article, we explore the impact of imperfectly competitive input markets on production function estimation. First-order profit-maximizing conditions are altered when frictions in input markets cause the elasticity of input supply to the firm to be finite. A consequence of this is that the...
Persistent link: https://www.econbiz.de/10010735097