We derive wage equations with individual specific coefficients from a structural model of human capital investment over the life cycle. This model allows for interruptions in labour market participation and deals with missing data and attrition problems. We propose a new framework that deals...

I apply Ricardo’s principle of comparative advantage to a theory of factor substitutability in a model with a continuum of worker and job types. Highly skilled workers have a comparative advantage in complex jobs. The model satisfies the distance-dependent elasticity of substitution (DIDES)...

This paper is related to the literature on the effect of foreign direct investment (FDI) on the labour market of host countries. Labour market literature has focused on the demand side of FDI; that is, increasing wage inequality by demanding more skilled workers or just increasing the overall...

This paper develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants' careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return...

This paper develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants' careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return...

The 1924 Immigration Act excluded immigrants from economically developing countries to the point of their near total exclusion. Forty years later, the 1965 Immigration and Nationality Act eliminated most discriminatory county-of-origin barriers. America's doors opened and immigration from...

Non-Compete Agreements (NCAs) restrict workers from joining or forming rival companies, which impacts labor market dynamics. Theoretical perspectives on NCAs are varied: they can lead to increased employer investment and higher wages by reducing labor turnover, or they might simply raise wages...

Fueling debates about the "quality" of immigrants from economically developing countries, empirical studies based on a well-respected methodology conclude that post-1965 immigrant men have low initial earnings and sluggish earnings growth. This methodology is based on flawed assumptions (Duleep,...

Using data from the Swiss Labor Force Survey (1998-2006), we estimate the wage returns to job tenure, general experience, occupational experience, and industrial experience. General labor market experience appears to be the far most important determinant of lifecycle wage growth, occupational...

We apply Ricardo's principle of comparative advantage for a theory of factor substitutability. An assignment model with a continuum of worker and job types is applied. Highly skilled workers have a comparative advantage in complex jobs. The model satisfies the Distance Dependent Elasticity of...