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find evidence that the wage premium associated with technological change is primarily due to the sorting of better workers …
Persistent link: https://www.econbiz.de/10014029869
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014529725
As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage … results confirm that subjective wage expectation data are useful in modeling individual choice. …
Persistent link: https://www.econbiz.de/10011283119
education and the impact of their ex ante wage expectations on college enrolment. The analysis contributes to a small developing … literature that uses subjective wage expectation data to predict education choice. We surveyed a full cohort of healthcare … starting wage when working as healthcare employee were more likely to enroll in a nursing college later on. This result …
Persistent link: https://www.econbiz.de/10010488507
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"Guest workers" earn higher wages overseas on temporary low-skill employment visas. This wage effect can quantify …
Persistent link: https://www.econbiz.de/10011974366
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Discontinuities in the employment profile are supposed to cause wage cuts since they imply an interruption in the … significant wage cuts owing to the depreciation of human capital. Postponing the discontinuity leads to a further fall of the wage … depreciation rates. This we interpret as an indication for segregation in the labor market. We conclude that traditional wage …
Persistent link: https://www.econbiz.de/10013428383
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