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A Comparison of the Human Capital and Signaling Models: The Case of the Self-Employed and the Increase in the Schooling Premium in the 1980's
Earnings inequality signaling human capital model schooling premium
2013/10/17
This paper utilizes the self-employed to analyze the observed increase in the educational earnings premium in the 1980’s. The paper compares the predictions of the signaling and human capital models i...
A Comparison of the Human Capital and Signaling Models: The Case of the Self-Employed and the Increase in the Schooling Premium in the 1980's
Earnings inequality signaling human capital model schooling premium
2013/10/17
This paper utilizes the self-employed to analyze the observed increase in the educational earnings premium in the 1980’s. The paper compares the predictions of the signaling and human capital models i...
Wages, Hours and Human Capital over the Live Cycle
Lifetime wage-hours contracts asymmetric information estimated wage- and hour-tenure profiles
2013/10/18
We investigate wage-hours contracts within a four-period rent sharing model that incorporates asymmetric information. Distinctions are made among (a) an investment period, (b) a period in which the pa...
Returns to Human Capital under the Communist Wage Grid and During the Transition to a Market Economy
Communism Czech Republic human capital labor retrospective data
2013/10/18
Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage gri...
Active Labor Market Policies in Poland: Human Capital Enhancement, Stigmatization or Benefit Churning
labor market policies difference-in-difference matching estimator treatment effects, employment probabilities
2013/10/17
This paper provides micro-econometric evidence on the effectiveness of Active Labor Market Policies (ALMP) in Poland. We sketch the theoretical framework of matching estimators as a substitute for ran...