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  1. Testing for asymmetric employer learning and statistical discrimination
    Published: [2018]
    Publisher:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

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    VS 495
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2018, no. 27
    Subjects: Statistical discrimination; employer learning; asymmetric learning
    Scope: 1 Online-Ressource (circa 35 Seiten)
  2. Imperfect signals
    Published: May 2023
    Publisher:  CESifo, Munich, Germany

    A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection-such as noise and multi-dimensional types-and characterize their... more

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    A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection-such as noise and multi-dimensional types-and characterize their implications for the private return to skill acquisition. Structural estimates using NLSY data suggest an important role for noise, pushing the private return below the social return. This induces substantial under-investment and causes output losses of up to 22 percent. Value-added-based evidence from Swedish high school graduates also points to noise and under-investment. Highlighting the distinction between schooling duration and skills acquired, I conclude that individuals likely spend too much time in school, but learn too little.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/279152
    Series: CESifo working papers ; 10403 (2023)
    Subjects: human capital; signalling; employer learning; returns to schooling
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  3. Imperfect signals
    Published: [2023]
    Publisher:  Centre for Economic Performance, London School of Economics and Political Science, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 449
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper / Centre for Economic Performance ; no. 1919 (May 2023)
    Subjects: human capital; signaling; employer learning; returns to schooling
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  4. Grades and employer learning
    Published: 19 March 2021
    Publisher:  School of Economics, University of Bristol, Bristol, United Kingdom

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 465
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper / [School of Economics, University of Bristol] ; 740 (21)
    Subjects: job-market signaling; employer learning; higher education
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  5. Approaches to learn about employer learning
    Published: December 2022
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    The empirical literature on employer learning assumes that employers learn about unobserved ability differences across workers as they spend time in the labor market. This article describes testable implications that arise from this basic hypothesis... more

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    The empirical literature on employer learning assumes that employers learn about unobserved ability differences across workers as they spend time in the labor market. This article describes testable implications that arise from this basic hypothesis and how they have been used to quantify the contribution of Job Market Signaling and human capital in measured returns to education. While the empirical basis is still thin, the results suggest that Signaling contributes at most about 25% to the observed returns to education.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/272434
    Series: Discussion paper series / IZA ; no. 15807
    Subjects: Arbeitsangebot; Signalling; Bildungsertrag; Humankapital; Arbeitsproduktivität; Arbeitgeber; Lernprozess; Theorie; Job Market Signaling; human capital; returns to education; employer learning
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  6. Labor market signaling and the value of college: evidence from resumes and the truth
    Published: June 2021
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    How do college non-completers list schooling on their resumes? The negative signal of not completing might outweigh the positive signal of attending but not persisting. If so, job-seekers might hide non-completed schooling on their resumes. To test... more

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    How do college non-completers list schooling on their resumes? The negative signal of not completing might outweigh the positive signal of attending but not persisting. If so, job-seekers might hide non-completed schooling on their resumes. To test this we match resumes from an online jobs board to administrative educational records. We find that fully one in three job-seekers who attended college but did not earn a degree omit their only post-secondary schooling from their resumes. We further show that these are not casual omissions but are strategic decisions systematically related to schooling characteristics, such as selectivity and years of enrollment. We also find evidence of lying, and show which degrees listed on resumes are most likely untrue. Lastly, we discuss implications. We show not only that this implies a commonly held assumption, that employers perfectly observe schooling, does not hold, but also that we can learn about which college experiences students believe are most valued by employers.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/236514
    Series: Discussion paper series / IZA ; no. 14483
    Subjects: signaling; resume; employer learning; statistical discrimination; jobs board
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  7. Grades and employer learning
    Published: March 2021
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This study examines the labor-market returns of skill signals. We identify the labor-market effect of grade point averages (GPA) by leveraging a nationwide change in the scaling of grades in Danish universities. Results show that a reform-induced... more

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    This study examines the labor-market returns of skill signals. We identify the labor-market effect of grade point averages (GPA) by leveraging a nationwide change in the scaling of grades in Danish universities. Results show that a reform-induced increase in GPA that is unrelated to ability causes higher earnings immediately after graduation, but the effect fades in subsequent years. The effect at labor-market entry is largest for individuals with fewer alternative signals and the earnings adjustment occurs both within and across firms. Although employers initially screen candidates based on skill signals, our findings suggest that they rapidly learn about worker productivity.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/236231
    Series: Discussion paper series / IZA ; no. 14200
    Subjects: job-market signaling; employer learning; higher education
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  8. Imperfect signals
    Published: May 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection - such as noise and multi-dimensional types - and characterize their... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 4
    No inter-library loan

     

    A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection - such as noise and multi-dimensional types - and characterize their implications for the private return to skill acquisition. Structural estimates using NLSY data suggest an important role for noise, pushing the private return below the social return. This induces substantial under-investment and causes output losses of up to 22 percent. Value-added-based evidence from Swedish high school graduates also points to noise and under-investment. Highlighting the distinction between schooling duration and skills acquired, I conclude that individuals likely spend too much time in school, but learn too little.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/272731
    Series: Discussion paper series / IZA ; no. 16104
    Subjects: human capital; signaling; employer learning; returns to schooling
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  9. Imperfect signals
    Published: [2023]
    Publisher:  IFAU, Institute for Evaluation of Labour Market and Education Policy, Uppsala

    A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection - such as noise and multi-dimensional types - and characterize their... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 137
    No inter-library loan

     

    A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection - such as noise and multi-dimensional types - and characterize their implications for the private return to skill acquisition. Structural estimates using NLSY data suggest an important role for noise, pushing the private return below the social return. This induces substantial under-investment and causes output losses of up to 22 percent. Value-added-based evidence from Swedish high school graduates also points to noise and under-investment. Highlighting the distinction between schooling duration and skills acquired, I conclude that individuals likely spend too much time in school, but learn too little.

     

    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Institute for Evaluation of Labour Market and Education Policy ; 2023, 10
    Subjects: Human capital; signaling; employer learning; returns to schooling
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen