Manchester School · 2015 · 12 citations · 37 references
Social SciencesEconomicsHigher EducationEconometricsLabor EconomicsLabor Market AnalysisEmploymentIncome DistributionLabor Market TrendsPersonnel EconomicsSkill Mismatch AnalysisWorkforce DemographicsLabor Market Returns To EducationOccupational Wage DifferentialsSkill Premium AnalysisWage PremiumsWork Experience Returns
In contrast to most EU countries and other developed economies, the wage skill premium has been steadily falling between 1988–2008 in S pain. Using S panish S ocial S ecurity data we extend D ustman and Meghir work and find that the fall in the wage skill premium can be explained in part by an increase in the share of college graduates that are mismatched. However, this phenomenon only partially explains the fall in the WSP : differences between high and low‐educated workers in the returns to general experience and firm tenure have been substantially reduced since the end of the 90s.
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Identification and Estimation of Local Average Treatment Effects
Guido W. Imbens, Joshua D. Angrist · Econometrica · 1994 · 4.1K citations