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The paper contrasts the pattern of returns to human capital in different economic sectors. As job mobility, especially across sectors, is limited, it is argued that coefficients of experience in earnings regressions may capture or be interpreted as the growth rate - net of depreciation - of...
Persistent link: https://www.econbiz.de/10011524845
Persistent link: https://www.econbiz.de/10001673198
This paper provides the first available evidence on overeducation/overskilling based on AlmaLaurea data. We focus on jobs held 5 years after graduation by pre-reform graduates in 2005. Overeducation/overskilling are relatively high – at 11.4 and 8% – when compared to EU economies. Ceteris...
Persistent link: https://www.econbiz.de/10013071750
This paper provides the first available evidence on overeducation/overskilling based on AlmaLaurea data. We focus on jobs held 5 years after graduation by pre-reform graduates in 2005. Overeducation/overskilling are relatively high - at 11.4 and 8% - when compared to EU economies. Ceteris...
Persistent link: https://www.econbiz.de/10010224590
Even in OECD countries, where an increasing proportion of the workforce has a university degree, the value of basic skills in literacy and numeracy remains high. Indeed, in some countries the return for such skills, in the form of higher wages, is sufficiently large to suggest that they are in...
Persistent link: https://www.econbiz.de/10011434013
This paper aims to survey the theoretical and empirical literature on cross-country differences in overeducation. While technological change and globalization have entailed a skill-bias in the evolution of labour demand in the Anglo-Saxon countries, instead, in other advanced economies in...
Persistent link: https://www.econbiz.de/10010528769
We use important new training information from waves 8-10 of the British Household Panel Survey to document the various forms of work-related training received by men and women over the period 1998-2000, and to estimate their impact on wages. We initially present descriptive information about...
Persistent link: https://www.econbiz.de/10011411235
This essay delivers two main innovations with respect to the existing literature. First, and foremost, by extending the work of Nicaise (2010) relative to the reservation wage to the case of overeducation, we propose a statistical test to discriminate between alternative theoretical...
Persistent link: https://www.econbiz.de/10012109085
This paper investigates the earnings effects of training in the Portuguese labour market. We use the Portuguese Labour Force Survey to classify training according to multiple criteria, including providing institution, purpose, duration, and content of the training activity. First, we establish...
Persistent link: https://www.econbiz.de/10013318843
This paper investigates variation in the wage effects of non-cognitive skills across the wage distribution. I expect (i) increasing explanatory power and (ii) increasing magnitudes of the effects of non-cognitive skills on wages across the wage distribution. I test these hypotheses using...
Persistent link: https://www.econbiz.de/10012946840