کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
354735 | 1434854 | 2009 | 10 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Aggregate unemployment decreases individual returns to education
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
Aggregate unemployment may affect individual returns to education through qualification-specific responses in participation and wage bargaining. This paper shows that an increase in regional unemployment by 1% decreases returns to education by 0.005 percentage points. This implies that higher skilled employees are better sheltered from labour market changes with respect to their jobs but they encounter larger wage changes than less skilled employees. We use representative individual data and panel variation in unemployment between German regions and employee groups. We demonstrate that our results are robust with respect to aggregation bias, time lags and potential endogeneity of the unemployment variable.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economics of Education Review - Volume 28, Issue 2, April 2009, Pages 217–226
Journal: Economics of Education Review - Volume 28, Issue 2, April 2009, Pages 217–226
نویسندگان
Andreas Ammermueller, Anja Kuckulenz, Thomas Zwick,