Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24226
Full metadata record
DC FieldValueLanguage
dc.contributor.authorAmmermüller, Andreasen_US
dc.contributor.authorKuckulenz, Anjaen_US
dc.contributor.authorZwick, Thomasen_US
dc.date.accessioned2009-02-16T14:50:12Z-
dc.date.available2009-02-16T14:50:12Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/24226-
dc.description.abstractOn the basis of a theoretical model, we argue that higher aggregateunemployment affects individual returns to education. We therefore includeaggregate unemployment and an interaction term between unemployment andthe individual education level in a standard Mincer equation. Our results showthat an increase in regional unemployment by 1% decreases the returns toeducation by 0.005 percentage points. This implies that higher skilledemployees are better sheltered from labour market changes with respect totheir jobs but encounter larger wage changes than less skilled employees.Differences in regional unemployment can in addition almost fully explain theobserved large differences in regional returns to education. We userepresentative individual data and regional panel variation in unemploymentbetween different German regions and for different employee groups. Wedemonstrate that our results are robust with respect to aggregation bias, timelags and potential endogeneity of the unemployment variable.en_US
dc.language.isoengen_US
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen_US
dc.relation.ispartofseries|aZEW Discussion Papers |x06-34en_US
dc.subject.jelJ24en_US
dc.subject.jelC23en_US
dc.subject.ddc330en_US
dc.subject.keywordreturns to educationen_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordregional variationen_US
dc.subject.stwBildungsertragen_US
dc.subject.stwRegionale Arbeitslosigkeiten_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwRegionale Lohnstrukturen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleAggregate Unemployment Decreases Individual Returns to Educationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn512896607en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:4618-

Files in This Item:
File
Size
674.93 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.