Showing 1 - 10 of 101
minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient … the revenue losses from higher unemployment. We write this condition in terms of measurable sufficient statistics. Our …
Persistent link: https://www.econbiz.de/10011563071
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...
Persistent link: https://www.econbiz.de/10011761898
This paper studies the impact of skill formation on employment opportunities and wages. Instead of international trade … theory or technological progress theory, the paper focuses on labor "skill formation" to investigate the employment … skill formation has a positive impact on employment opportunities and wages. This result exhibits robustness in tests on …
Persistent link: https://www.econbiz.de/10012627041
market opportunity structures and their employment attitudes (i.e. skills and retraining). Building on the varieties of … assess this proposition, we draw on original survey data and compare young people's employment attitudes in five European …
Persistent link: https://www.econbiz.de/10012489724
The present paper develops a three sector Harris-Todaro (1970) type general equilibrium model of unemployment by … effects of the inflows of foreign capital on the level of unskilled unemployment and skilled-unskilled wage inequality. We … find that an inflow of foreign capital raises the skilled- unskilled wage gap and lowers the level of unemployment of the …
Persistent link: https://www.econbiz.de/10011109461
minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient … the revenue losses from higher unemployment. We write this condition in terms of measurable sufficient statistics. Our …
Persistent link: https://www.econbiz.de/10011586715
Welfare benefits in the Nordic countries are often tied to employment. We argue that this is one of the factors behind … the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general … higher education improves, further boosting employment in the long run. These positive effects help counteracting the …
Persistent link: https://www.econbiz.de/10010291388
Welfare benefits in the Nordic countries are often tied to employment. We argue that this is one of the factors behind … the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general … higher education improves, further boosting employment in the long run. These positive effects help counteracting the …
Persistent link: https://www.econbiz.de/10010611635
Welfare benefits in the Nordic countries are often tied to employment. We argue that this is one of the factors behind … the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general … higher education improves, further boosting employment in the long run. These positive effects help counteracting the …
Persistent link: https://www.econbiz.de/10011271987
In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to … also how skill formation or education affects unemployment among the remaining uneducated. We have developed a general … equilibrium model of a small open developing economy incorporating skill formation, unemployment of unskilled labour in the formal …
Persistent link: https://www.econbiz.de/10012612938