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Identifying Idiosyncratic Career Taste and Skill with Income Risk
Career choice Idiosyncratic taste and skill Income risk Occupational choice
2016/3/18
How important to well-being is choosing a career with the right fit? This question is difficult to answer because we observe individuals only in their chosen careers, not in the other (presumably infe...
Dynamic Skill Accumulation, Comparative Advantages, Compulsory Schooling, and Earnings
compulsory schooling reforms dynamic skill accumulation comparative advantages returns to schooling education and growth dynamic discrete choice dynamic programming
2012/10/19
We show that a calibrated dynamic skill accumulation model allowing for comparative advantages, can explain the weak (or negative) effects of schooling on productivity that have been recently reported...
Good Skills in Bad Times: Cyclical Skill Mismatch and the Long-Term Effects of Graduating in a Recession
mismatch business cycle graduation
2012/10/22
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career ...
Adjusting to Skill Shortages: Complexity and Consequences
skill shortages small medium enterprises
2012/10/22
Skill shortages are often portrayed as a major problem for the economies of many countries including the Australian economy. Yet, there is surprisingly little evidence about their prevalence, causes a...
Information and Communication Technologies and Skill Upgrading: The Role of Internal vs. External Labour Markets
technical change labour turnover sk ill bias training, internal labour markets
2012/11/1
Following the adoption of information and communication technologies (ICT), firms are likely to face increasing skill requirements. They may react either by training or hiring the new skills, or by a ...
Negative and Positive Assimilation, Skill Transferability, and Linguistic Distance
immigrants assimilation skill transferability earnings linguistic distance
2012/11/2
There are two complementary models of immigrants’ economic and social adjustment – the positive assimilation model of Chiswick (1978, 1979), and the negative assimilation model of Chiswick and Miller ...
Labour Market Outcomes and Skill Acquisition in the Host Country: North African Migrants Returning Home from the European Union
return migration human capital education duration of migration
2012/11/1
This paper studies the educational investment decisions of returning migrants while abroad in the context of their decisions about the choice of activity upon returning and the duration of migration. ...
Knowledge and skill‘down on the farm’:Skill formation in New Zealand’s agriculture sector
Skill formation agriculture sector New Zealand
2009/11/4
Skill formation is a crucial feature of the broader employment relations landscape.
There is a growing recognition within the agriculture sector that good education and
training practices are an i...
Effect of Kitchen Knife Specifically Developed for Children on Skill Learning
kitchen knife children skill learning
2009/8/20
The author had a special kitchen knife made for children with a view to improving proficiency in group lessons of skill learning. When designing the knife, the author paid attention to its size and we...
Skill Upgrading and Rigid Relative Wages: The Case of Danish Manufacturing
rigid relative wages skill upgrading business cycle outsourcing skill biased technological changes
2013/10/25
Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in relative employment from unskilled labor towards skilled and educated labor. Assuming...
Overeducation and Skill Endowments The Role of School Achievement and Vocational Training Quality
Overeducation skills human capital school achievement vocational training intergenerational mobility selectivity effects
2013/10/18
Thurow’s job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relations...
Rejecting Capital-Skill Complementarity at all Costs
Substitutability Translog Cost Function
2013/10/18
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specificat...
Between-group Competition in the Labor Market and the Rising Returns to Skill: US and France 1964-2000
Wage inequality education experience labor supply
2013/10/18
This paper describes the changes in the composition of the labor force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high educatio...
Different Skill Levels and Firing Costs in a Matching Model with Uncertainty - An Extension of Mortensen and Pissarides (1994)
Firing costs low-skill unemployment dual labor market vacancies
2013/10/18
A matching model in the line of Mortensen and Pissarides (1994) is augmented with a low- skill labor market and firing costs. It is shown that even with flexible wages unemployment is higher among the...