What is the impact of the minimum wage on the college wage premium? I show that job-ladder models imply that the effect should be small on impact--raising only the wages of workers bound by the minimum wage--and grow over time as workers slowly move up the job ladder. Guided by my theory, I present evidence that these dynamic effects are present…

Evidence on gender inequality in the labor market is extensive. However, little is known about the potential role of overeducation and horizontal mismatch in explaining women's labor-market disadvantages. We draw on recent data from the Eurograduate pilot survey to investigate the role of overeducation, field-of-study mismatch and field-specific…

In light of growing difficulties for schools to attract teachers in science, technology, engineering, and mathematics (STEM) fields and the continued discussions surrounding the unionization of education, this paper examines the effect of collective bargaining (CB) laws on the salary of teachers with a STEM degree. To isolate the effect of…

We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets. Furthermore, the protection double majors experience is more…

Despite decades and hundreds of billions of dollars of federal and state investment in policies to promote postsecondary educational attainment as a key lever for increasing the economic mobility of lower income populations, research continues to show large and meaningful differences in the mid-career earnings of students from families in the…

The author of this article provides an example of how one might incorporate behavioral economics into teaching macroeconomics or labor economics at an undergraduate level. The focus is on two macroeconomic concepts--wage determination and the Phillips curve--and shows that the implications and conclusions of both models differ from their textbook…

Recent years have seen accelerating interest in measuring the employment outcomes of recent college graduates. New data tools and research, such as the College Scorecard, increasingly sophisticated state-level data systems, and studies investigating students' long-term economic mobility, continue to roll out. While postgraduate wages have been an…

In this dissertation, I explore how international migration and environmental pollution shape human capital accumulation and labor market outcomes.The first chapter examines how college enrollment and major choice decisions of young adults in migrant-sending countries are affected by the removal of international migration barriers. My…

Each year, Statistics Canada releases data on the labour market outcomes of college and university graduates using data from the Education and Labour Market Longitudinal Platform (ELMLP). Statistics Canada has developed the ELMLP in collaboration with the provincial and territorial ministries of education, Employment and Social Development Canada…

Purpose: The article aims to describe the role of training and examines the impact on the wages of university and college graduates. Design/methodology/approach: We use nationwide administrative data on university and college graduates in 2019. The population includes 1.3 million observations, of which 222,000 ([approximately] 16%) received…

We estimate labor market returns to terminal associate's degrees and certificates, with a particular focus on how returns for different credential types evolve over a longer period of time (eleven years post entry) than most of the prior literature. We also explore how returns vary depending on labor market conditions and on which labor market…

Business schools frequently utilize AACSB's Salary Survey ("Staff Compensation and Demographic Survey," or the "SCDS Report") to benchmark salaries being offered by other schools. While providing averages based on a national sample, the "SCDS Report" obscures differences that might exist in salary averages between…

There is a growing body of research examining the labor market returns to college major, motivated by the large returns to skill in the labor market. Prior research has focused almost exclusively on mean effects and has paid little attention to the role of earnings growth and variability. Using linked administrative data from Texas on public K-12…

This is an applied econometric analysis of labour market data for the United States. We study the impact of several factors on overflow of overeducated employees into various job categories. We use panel data regression analysis with fixed and random effects. We also use data visualisation to investigate the overeducation trends during 2002-2016…

This research is based on the uniqueness of the national tests scores in Colombia where the same students take a standardized test both at the end of high school and at the end of college. We use then the information of the labor market to identify the return to college education once the graduates find a job. The findings suggest that there is…