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cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …
Persistent link: https://www.econbiz.de/10011410676
Persistent link: https://www.econbiz.de/10001675874
substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …
Persistent link: https://www.econbiz.de/10010262498
substitution of low education/high experience workers by low experience/high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …
Persistent link: https://www.econbiz.de/10011401268
cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …
Persistent link: https://www.econbiz.de/10013320579
cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …
Persistent link: https://www.econbiz.de/10005233758
cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that the … population, the labor force is younger and less experienced, which may increase the wage return to 'experience' and lead to … higher unemployment among low-experience workers. They do not accumulate enough on-the-job human capital, and this reduces in …
Persistent link: https://www.econbiz.de/10005648768
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10011448440
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10013319961
The secular shift in labor demand from unskilled to skilled labor is explained within a model that is solved numerically. There are three branches producing a basic good, a differentiated luxury good, and an intermediate service. Production is more skill-intensive in the luxury good and the...
Persistent link: https://www.econbiz.de/10010333017