Search results for "earnings"
showing 10 items of 157 documents
The effects of an education-leave program on educational attainment and labor-market outcomes
2021
Abstract I study the effect of an education leave subsidy for the employed on labor-market outcomes and educational attainment using Finnish administrative linked employer-employee panel data and matching methods. The adult education allowance is available to employees with at least eight years of work experience and allows them to take a leave for 2–18 months to participate in an education program while being compensated for a substantial part of their forgone earnings. I find large positive treatment effects on educational attainment and changing occupation. The treatment effects on earnings and employment are negative during the lock-in period and close to zero afterward. Treatment effec…
French engineering graduates in corporate R&D: is it worthwhile?
2009
09054; In the early 1990s, several studies pointed out a significant gap in earnings between engineers in private firms working in Research and Development (R&D) and those in other activities. The purpose of this article is to assess, from conventional Mincerian models, to what extent these findings are still valid. The different levels of responsibility and job satisfaction of engineers in both types of activities are also analysed. The results clearly suggest a lower remuneration for engineers working in R&D in comparison to other activities, all things being equal. On the other hand, engineers involved in R&D activities have a greater dissatisfaction about the remuneration they receive, …
French Engineering Graduates in Corporate R & D : Is it worthwhile ?
2008
08010 - 14 p.; At the beginning of the 1990s, Beltramo, Bourdon and Paul presented a report for the French Commissariat au Plan on the prospect for the labour market for scientists, and other papers, which showed earnings differences between engineering graduates performing tasks in R&D or not (the first ones receiving 7% less than the others, other parameters taken into consideration). The objective of this paper is to assess to what extent, 15 years later, these results, which indicated lower earnings for researchers, is still valid. The data used in this study is similar to that in our former work. The data is generated from the survey launched each year (each two years until 2002) by th…
ESTIMATION OF PRIVATE AND SOCIAL RATES OF RETURN TO INVESTMENTS IN EDUCATION IN LATVIA
2013
The main aim of the paper is to evaluate the rates of return to investments in education at individual and society level as well. The task of the paper is to provide detailed analysis and estimation of the variables which impact the private and social rates of return. It is based on Professor Angel de la Fuente methodology complemented by Mincer earnings function and non-parametric DEA (Data Envelopment Analysis) method to estimate world technological frontier and the technological gap. For this purpose the authors build the matrix with respective years of schooling depending from level of schooling and birth of year taking into account the differences in schooling system since 1940ties. Th…
Franchisee Discontinuance and Failure Empirical Findings from Finland
2008
The present study focuses on franchisee discontinuances and failures during 1999–2001. The paper deals with notions relating to discontinuance and failure. Franchising is approached from entrepreneurs hip viewpoint and taken as a form of starting and conducting entrepreneurship and business. The study was carried out in 2002 in Finland. The 46 member franchisors of the Finnish Franchising Association (FFA) were surveyed. Altogether 33 responses were received, adding up to a response rate of 72%. The results were parallel with the findings of the previous international studies. The results indicate that the average annual franchisee turnover rate was 11% in 1999–2001 in the studied franchise…
Current Account Adjustment and Retained Earnings
2018
This paper develops a formal strategy to calculate current accounts with retained earnings (RE) on equity investment and analyzes their adjustment during the global financial crisis. RE are the part of companies' profits which are reinvested and not distributed to shareholders as dividends. International statistical standards treat RE on foreign direct investment and RE on portfolio investment differently: while the former enter the current and financial account, the latter do not. We show that this differential treatment strongly affects current accounts of several advanced economies, frequently referred to as financial centers, with large positions in equity (portfolio) investment. Our em…
The Returns to Education in Rwanda
2005
05077; International audience; Based on data from the 1999–2001 Household Living Conditions Survey conducted by the Ministry of Finance and Economic Planning, we estimate wage equations for employees in Rwanda, treating the choice of employment sector as an endogenous process and making separate estimates for workers in the modern and traditional sectors of the economy. The results show that returns to education increase with the level of education, contrary to the pattern typically reported in the literature and that the returns to higher education is particularly high in Rwanda. A noteworthy feature in the results is that the returns to education are quite different across sectors of empl…
Long term effect of teenage birth on earnings: Evidence from a British cohort study
2016
We use data from the 1970 British Cohort Study and evaluate the effect of teenage motherhood on hourly earnings at age 30, 34, 38, and 42 using alternative non-experimental estimation methods including linear regression, matching methods, and Heckman sample selection models. We conclude that teenage motherhood has a significant negative long-term effect on hourly wages. At age 42, teenage mothers earn 12% less than other women and 29% less than women who have not had any children. When compared to non-teenage mothers, the pay penalty reduces over time and becomes insignificant on the long term.
Diploma Effects by Gender in the Spanish Labour Market
2006
. The aim of this paper is to contrast the nature of the schooling effect on earnings in the Spanish labour market in terms of gender. Hungerford and Solon's (Review of Economics and Statistics 69: 175–177, 1987) methodology is used to distinguish between the returns to schooling arising from mere years of schooling as a reflection of their productivity-enhancing contribution (human capital) and the returns to schooling arising from certificates (diploma effects) as signals of the individual's productivity (sheepskin effects) or as credentialism. The results show evidence only of diploma effects in Upper Secondary Studies for men.
Understanding the Key Factors of Shared Mobility Services: Palermo as a Case Study
2020
The potential success of shared mobility services in the urban area strongly depends on careful tariff planning, adequate sizing of the fleet and efficient integrated public transport system, as well as on the application of policies in favor of sustainable modes of transport. The balance between earnings and expenses is not always an easy target for the companies in those cities where these services are not well-rooted in the citizens’ mobility habits. Often only large operators in the sector can continue to offer a service generating profit. However, several factors can determine the success or the failure of shared mobility services. The objective of this study is to identify, thanks to …