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-related training on earnings levels. Different measures for general and specific training are constructed from available information …. The analysis diverges from the standard fixed effects framework for earnings determination modelling and presents evidence … effects formulation for the earnings equation suggested by Nijman and Verbeek (1992) for controlling for attrition bias in …
Persistent link: https://www.econbiz.de/10008557206
In this paper we use important new training and wage data from the British Household Panel Survey to estimate the impact of the national minimum wage (introduced in April 1999) on the work-related training of low-wage workers. We use two "treatment groups" for estimating the impact of the new...
Persistent link: https://www.econbiz.de/10011413732
We offer in this paper an alternative way of controlling for worker and firm heterogeneity. Our strategy assumes that the gap between the individual wage and the firm average wage, unexplained by differences in observable characteristics, gives the extent to which the individual unobserved...
Persistent link: https://www.econbiz.de/10004999581
We analyze workers' risk preferences and training investments. Our conceptual framework differentiates between the investment risk and insurance mechanisms underpinning training decisions. Investment risk leads risk-averse workers to train less; they undertake more training if it insures them...
Persistent link: https://www.econbiz.de/10012306154
We analyze workers' risk preferences and training investments. Our conceptual framework differentiates between the investment risk and insurance mechanisms underpinning training decisions. Investment risk leads risk-averse workers to train less; they undertake more training if it insures them...
Persistent link: https://www.econbiz.de/10012317061
In this paper we use important new training and wage data from the British Household Panel Survey to estimate the impact of the national minimum wage (introduced in April 1999) on the work-related training of low-wage workers. We use two ?treatment groups? for estimating the impact of the new...
Persistent link: https://www.econbiz.de/10010262627
In this paper we use important new training and wage data from the British Household Panel Survey to estimate the impact of the national minimum wage (introduced in April 1999) on the work-related training of low-wage workers. We use two 'treatment groups' for estimating the impact of the new...
Persistent link: https://www.econbiz.de/10005577117
In this paper we use important new training and wage data from the British Household Panel Survey to estimate the impact of the national minimum wage (introduced in April 1999) on the work-related training of low-wage workers. We use two ‘treatment groups’ for estimating the impact of the...
Persistent link: https://www.econbiz.de/10005763780
subsequent earnings and if a potential reduction lasts over the individual's labor market history. We construct a pseudo panel of … 1979, 1985/86, and 1991/92. Analyzing the pseudo panel data we find a strong negative impact on earnings for both a failed …
Persistent link: https://www.econbiz.de/10010299579
subsequent earnings and if a potential reduction lasts over the individual's labor market history. We construct a pseudo panel of … 1979, 1985/86, and 1991/92. Analyzing the pseudo panel data we find a strong negative impact on earnings for both a failed …
Persistent link: https://www.econbiz.de/10008567513