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-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the … effect and provide empirical support for our theory. …
Persistent link: https://www.econbiz.de/10012271659
-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the … effect and provide empirical support for our theory. …
Persistent link: https://www.econbiz.de/10012285605
This paper examines how human capital-based approaches explain the distribution of earnings. It assesses traditional, quasi-experimental, and new micro-based structural models, the latter of which gets at population heterogeneity by estimating individual-specific earnings function parameters....
Persistent link: https://www.econbiz.de/10012175804
Persistent link: https://www.econbiz.de/10012498970
We construct and estimate by maximum likelihood an equilibrium search model where wages are set by Nash bargaining and … Survey data on accepted wages and employment durations. We show that it captures almost perfectly the joint distribution of … wages and job spells. We find that the rate of learning-by-doing has an important positive effect on aggregate output and a …
Persistent link: https://www.econbiz.de/10013317075
Persistent link: https://www.econbiz.de/10014555929
Persistent link: https://www.econbiz.de/10014250791
acquisition, with important implications for the assessment of immigrants' career paths and the estimation of their earnings … profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives …
Persistent link: https://www.econbiz.de/10014088604
Persistent link: https://www.econbiz.de/10014468406
We extract estimation results on the Mincer earnings function from four earlier studies and add new results from a …
Persistent link: https://www.econbiz.de/10012997601