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The paper draws upon the work of T.W. Schultz to show that human capital theory andlabor market adjustments have important implications for investing in people for the 21st Century.[...]
Persistent link: https://www.econbiz.de/10009360744
This paper examines the quantitative effects of gender gaps in entrepreneurship and labor force participation on aggregate productivity and income per capita. We simulate an occupational choice model with heterogeneous agents in entrepreneurial ability, where agents choose to be workers,...
Persistent link: https://www.econbiz.de/10013057637
remedial education to the pupils having lost years of education, and offering retraining to job losers still far from …
Persistent link: https://www.econbiz.de/10013472432
Income and earning inequality has been on the rise in most of the OECD and in many emerging economies since the 1980s. This paper estimates a model of earnings inequality across OECD countries that incorporates determinants of relative demand and supply of more and less-skilled labour. Drawing...
Persistent link: https://www.econbiz.de/10010465013
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during … regressions of Mincer equations and analysing the differences in returns to education across the wage distribution and across time …. Four different patterns emerge: 1) a positive and increasing contribution of education upon within-levels wage inequality …
Persistent link: https://www.econbiz.de/10011325999
Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour...
Persistent link: https://www.econbiz.de/10010375396
federal EITC. In this paper, we analyze the effect of state EITC on education using policy discontinuities at U.S. state …
Persistent link: https://www.econbiz.de/10013245903
This work studies the relationship between education and labor market performance, first by making a review of the … literature on the subject, and then by examining certain stylized facts. For the empirical evaluation, education is analysed …. Therefore, education is here discussed as an input, and labor market results, as an output. …
Persistent link: https://www.econbiz.de/10010323093
strategies to higher education. The starting hypothesis of this study is that students consider the expected utility of their …-priced education. The results of this paper confirm that both expected wages and admission probabilities determine students …
Persistent link: https://www.econbiz.de/10011521985