While post-employment restrictions may encourage firms to invest in employee skill and research and development (R&D), such restrictions may also under certain circumstances discourage employees from investing in their own human capital and work performance. The article reports the findings of...

In this paper, a variety of potentially explanatory indicators for child labor and school attendance in Zambia is scrutinized. By analysing the results from a bivariate probit model, new doubt is raised with regard to the income sensitivity of the child labor choice. Different factors in the...

Using the NLSY79 and the NLSY79 Children and Young Adults datasets, this paper formulates, provides conditions for parametric and non-parametric identification and empirically estimates the parameters of an altruistic model of parental preschool investment within a structural dynamic programming...

What is it about schooling that the labor market rewards? The long time answer has essentially been noncognitive skills (i.e., behavioral and personality traits). Allowing cognitive skills (i.e., the capacity to process information and apply knowledge to working tasks) to be acquired both inside...

A comprehensive model of work-based learning is illustrated combining explicit and tacit forms of knowledge and theory and practice modes of learning at both individual and collective levels. The model is designed to bring together epistemic contributions which are typically studied in...

What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...

We test the basic assumption underlying the job competition and crowding out hypothesis: that employers always prefer higher educated to lower educated individuals. To this end, we conduct a randomised field experiment in which duos of fictitious applications by bachelor and master graduates are...

This paper examines how skills are shaped by social interactions in families. We show that older siblings causally affect younger sibling's education choices and early career earnings. We focus on critical course choices in high school and overcome the identification challenges of estimating...