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Using EU-SILC data for 2005 and 2011, we compare the role of family background on labour outcomes in three EU countries that experienced large swings in unemployment during this period. We use a multidimensional family background indicator that avoids undesirable cohort effects. Our results...
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model using a unique data set of individuals who completed undergraduate education in the Netherlands between 1995 and 2001 …. Our estimation results show that a 1 percent point decrease in unemployment rate increases wage offers with 3 percent …
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The canonical supply{demand model of the wage returns to skill has been extremely in uential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
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Human Capital Theory considers individuals' education as an investment in terms of money, time, effort, and the …% increase in GDP reduces the probability of the poorest individuals being enrolled in non-compulsory education by 1.2%, while … non-compulsory education should be strengthened when economic conditions improve. …
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