95 research outputs found

    Public Benefits of Undeveloped Lands on Urban Outskirts: Non-Market Valuation Studies and their Role in Land Use Plans

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    Over the past three decades, the economics profession has developed methods for estimating the public benefits of green spaces, providing an opportunity to incorporate such information into land-use planning. While federal regulations routinely require such estimates for major regulations, the extent to which they are used in local land use plans is not clear. This paper reviews the literature on public values for lands on urban outskirts, not just to survey their methods or empirical findings, but to evaluate the role they have played--or have the potential to play-- in actual land use plans. Based on interviews with authors and representatives of funding agencies and local land trusts, it appears that academic work has had a mixed reception in the policy world. Reasons for this include a lack of interest in making academic work accessible to policy makers, emphasizing revealed preference methods which are inconsistent with policy priorities related to nonuse values, and emphasis on benefit-cost analyses. Nevertheless, there are examples of success stories that illustrate how such information can play a vital role in the design of conservation policies. Working Paper 07-2

    Overeducation Among Graduates: An Overlooked Facet of the Gender Pay Gap? Evidence from East and West Germany

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    Germany's occupational and sectoral change towards a knowledge-based economy calls for high returns to education. Nevertheless, female graduates are paid much less than their male counterparts. We wonder whether overeducation affects sexes differently and whether this might answer for part of the gender pay gap. We decompose total year of schooling in years of over- (O), required (R), and undereducation (U). As ORU earnings estimations based on German SOEP cross-section and panel data indicate, overeducation pays off less than required education in the current job even when unobserved heterogeneity is taken into account. Moreover, analyses of job satisfaction and self-assessed overeducation point to some real mismatch. However, overeducation does not matter for the gender pay gap. By contrast, women's fewer years of required education reasonably do, answering for 7.61 pp. of the East German (18.79 %) and 2.22 pp. of the West German (32.98 %) approximate gap. Moreover, job biography and the household context affect the gap more seriously in the old Bundesländer than in the new ones. Overall, the West German pay gap almost doubles the East German one, and different endowments answer for roughly three quarters of the approximate gap in the Western but only for two thirds in the Eastern part. We conclude that the gendered earnings gap among German graduates is rather shaped by an employment behaviour suiting traditional gender roles and assigned gender stereotypes than being subject to gendered educational inadequacy

    Who is Overeducated and Why? Probit and Dynamic Mixed Multinomial Logit Analyses of Vertical Mismatch in East and West Germany

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    Overeducation is an often overlooked facet of untapped human resources. But who is overeducated and why? Relying on SOEP data 1984-2011, we use probit models for estimating the likelihood of entering overeducation and dynamic mixed multinomial logit models with random effects addressing state dependence and unobserved heterogeneity. As further robustness checks we use three specifications of the target variable, i.e. realized matches, self-assessment and twofold overeducation. We run separate analyses for men and women, East and West Germans and medium and highly educated persons. We find that overeducation is mainly state dependent. Nonetheless, even in the dynamic context staying employed proves to be risk-decreasing. By contrast, scars of past unemployment show up in a higher mismatch risk. Moreover, an employer change does not serve as a suitable exit strategy, and a dual qualification does not show up as a valid insurance against graduates' job mismatch. Overall, effects largely depend on the operationalization of overeducation. We conclude that to combat overeducation, focusing on continuous employment careers and circumventing unintentional withdrawals from the current job is crucial. Moreover, institutional impediments that restrain job match quality for certain groups (migrants, mothers) have to be tackled.Überqualifikation ist ein zuweilen übersehener Aspekt in der Debatte um ungenutzte Fachkräftepotenziale. Aber wer ist überqualifiziert, und warum? Basierend auf Daten des Sozio-oekonomischen Panels (SOEP) der Wellen 1984-2011 schätzen wir mit Probitmodellen die Wahrscheinlichkeit für neue Überqualifikation sowie mit dynamischen Multinomialen Mixed Logit-Modellen mit zufälligen Effekten die Wahrscheinlichkeit für Überqualifikation unter Berücksichtigung von Pfadabhängigkeit und unbeobachteter Populationsheterogenität. Das Messfehlerproblem kontrollieren wir durch drei verschiedene Spezifikationen der abhängigen Variable, die selbsteingeschätzte Überqualifikation, die statistische Überqualifikation (Realized Matches) sowie eine Kombination aus beidem. Wir führen die Schätzungen getrennt für Männer und Frauen, Ost- und Westdeutsche sowie Personen mittlerer und hoher Bildung durch. Unsere Analysen zeigen, dass Überqualifikation ein hohes Beharrungsvermögen hat. Allerdings vermindert Erwerbserfahrung das Risiko der Überqualifikation auch im dynamischen Modell unter Kontrolle unbeobachteter Heterogenität. Narbeneffekte früherer Arbeitslosigkeit hingegen zeigen sich in einem höheren Überqualifikationsrisiko. Weder ein Arbeitgeberwechsel noch (bei Akademiker/innen) eine Doppelqualifikation in Form von Lehre plus Studium taugen als wirksame Ausweichstrategien. Um Überqualifikation im Job zu vermindern, scheinen Strategien, die konti-nuierliche Erwerbskarrieren fördern, vielversprechend zu sein. Für bestimmte Gruppen am Arbeitsmarkt (Migranten, Mütter) erschweren zudem institutionelle Barrieren ein gutes Jobmatch, die es gezielt anzugehen gilt

    Are Immigrants Paid Less for Education?

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    This paper is on measuring the gap in returns to education between foreign-born and native workers in France, Germany, and Austria and investigates the extent to which this gap can be explained by a mis-match between the actual and the years of schooling typical for a given occupation. The return to usual years of schooling across different occupations is found to be higher than that for actual years of education. In the case of correctly matched workers who have the 'typical' education in a certain occupation, there is no additional reward in earnings for natives compared to foreign workers. Immigrants, however, have significantly lower wage returns in being over-educated than natives but are penalized less for being under-educated
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