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The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …
Persistent link: https://www.econbiz.de/10011444759
The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …
Persistent link: https://www.econbiz.de/10013428334
The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …
Persistent link: https://www.econbiz.de/10014090451
Persistent link: https://www.econbiz.de/10012025277
Persistent link: https://www.econbiz.de/10011302494
People are inaccurate judges of how their abilities compare to others'. Kruger and Dunning (1999; 2002) argue that most inaccuracy is attributable to unskilled performers' lack of metacognitive skill to evaluate their performance. They overestimate their standing, whereas skilled performers...
Persistent link: https://www.econbiz.de/10014058357
Cross-country differences of market hours in 17 OECD countries are mainly due to the hours of women, especially low-skilled women. This paper develops a model to account for the gender-skill differences in market hours across countries. The model explains a substantial fraction of the...
Persistent link: https://www.econbiz.de/10012947137
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