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In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...
Persistent link: https://www.econbiz.de/10010282121
This paper critically discusses the theoretical and empirical literature on the quantitative and qualitative employment impact of technological change, compares the relative explanatory power of the competing theories, and explains in detail the macro and micro evidence on the issue, with...
Persistent link: https://www.econbiz.de/10010282387
This paper examines whether more informative job promotions carry larger wage increases. In job assignment models with asymmetric information, unexpected promotions send a signal to the external labor market to revise upward their assessment of a worker's ability. The employing firm must then...
Persistent link: https://www.econbiz.de/10010282400
While much of the literature on immigrants' assimilation has focused on countries with a large tradition of receiving immigrants and with flexible labor markets, very little is known on how immigrants adjust to other types of host economies. With its severe dual labor market, and an...
Persistent link: https://www.econbiz.de/10010282508
Attracting skilled immigrants is emerging as an important policy goal for immigrant receiving countries. This article first discusses the economic rationale for immigrant selection. Selection mechanisms of receiving countries are reviewed in the context of deteriorating labor market outcomes for...
Persistent link: https://www.econbiz.de/10010282583
A parallel of education with transformative processes in standard markets suggest that a more severe control of the quality of the output will improve the overall quality of the education. This paper shows a somehow counterintuitive result: an increase in the exam difficulty may reduce the...
Persistent link: https://www.econbiz.de/10010282876
Einige wichtige Indikatoren deuten darauf hin, dass der Innovationsstandort Deutschland im Bereich der forschungs- und wissensintensiven Branchen seine derzeitige technologische Wettbewerbsposition im Vergleich zu wichtigen Konkurrenzländern nicht dauerhaft halten kann. Welche Schwächen sind...
Persistent link: https://www.econbiz.de/10010283220
Understanding the effects of exchange rate fluctuations across the population is important for increasingly globalized economies. Previous studies using industry aggregate data have found that industry wages are significantly more responsive than industry employment to exchange rate changes. We...
Persistent link: https://www.econbiz.de/10010283354
let the effect of migration on wage growth differ by schooling level. Third, we use propensity score matching to measure … appropriateness of matching as an econometric method for studying migration and (ii) choose the conditioning variables used in the … matching procedure. Our data set provides a rich array of variables on which to match. We find a significant effect of …
Persistent link: https://www.econbiz.de/10010283482
This paper uses census and survey data to identify the wage earning ability and the selection of recent Romanian migrants and returnees. We construct measures of selection across skill groups and estimate the average and the skill-specific premium for migration and return for three typical...
Persistent link: https://www.econbiz.de/10010284019