Human capital investment with competitive labor search


Dateien zu dieser Ressource

Dateien Größe Format Anzeige

Zu diesem Dokument gibt es keine Dateien.

KAAS, Leo, Stefan ZINK, 2011. Human capital investment with competitive labor search. In: European Economic Review. 55(4), pp. 520-534. ISSN 0014-2921

@article{Kaas2011Human-16699, title={Human capital investment with competitive labor search}, year={2011}, doi={10.1016/j.euroecorev.2010.07.004}, number={4}, volume={55}, issn={0014-2921}, journal={European Economic Review}, pages={520--534}, author={Kaas, Leo and Zink, Stefan} }

<rdf:RDF xmlns:rdf="" xmlns:bibo="" xmlns:dc="" xmlns:dcterms="" xmlns:xsd="" > <rdf:Description rdf:about=""> <dc:rights>deposit-license</dc:rights> <dcterms:abstract xml:lang="eng">We study human capital accumulation in the presence of labor search frictions. Given that unemployed workers can default on their education loans, skilled individuals with a larger debt burden prefer riskier but better paid careers than is socially desirable. A higher level of employment risk in turn depresses the skill premium and the incentives to invest in education. The equilibrium allocation is characterized by too low employment, underinvestment by the poor, and too little investment in skill-intensive technologies. A public education system funded by graduate taxes can restore efficiency, and it would also reduce wage inequality.</dcterms:abstract> <dcterms:rights rdf:resource=""/> <dcterms:available rdf:datatype="">2011-11-16T09:49:47Z</dcterms:available> <dc:date rdf:datatype="">2011-11-16T09:49:47Z</dc:date> <dc:creator>Zink, Stefan</dc:creator> <dcterms:title>Human capital investment with competitive labor search</dcterms:title> <dc:contributor>Kaas, Leo</dc:contributor> <dcterms:bibliographicCitation>Publ. in: European Economic Review ; 55 (2011), 4. - S. 520-534</dcterms:bibliographicCitation> <bibo:uri rdf:resource=""/> <dc:contributor>Zink, Stefan</dc:contributor> <dc:language>eng</dc:language> <dc:creator>Kaas, Leo</dc:creator> <dcterms:issued>2011</dcterms:issued> </rdf:Description> </rdf:RDF>

Das Dokument erscheint in:

KOPS Suche


Mein Benutzerkonto