ARE THERE LONG-TERM EFFECTS ON WAGES WHEN GRADUATING IN A BAD ECONOMY IN TAIWAN?
Journal Title: Asian Economic and Financial Review - Year 2014, Vol 4, Issue 10
Abstract
Entering labor market during a bad economy can be intuitively connected to worse working experience at the beginning of one?s career, and moreover, the effect would persist for many years to come. We empirically estimate the long-term effect of graduating in a bad economy on wages in Taiwan. The estimation results do show significant evidences of negative long-term effect on wages. Besides, the long-term effects vary across genders and education groups.
Authors and Affiliations
Hsiang-Yin Liu| Department of Economics, National Chengchi University, Taiwan, Jennjou Chen| Department of Economics, National Chengchi University, Taiwan
Keywords
Related Articles
- EP ID EP2085
- DOI -
- Views 430
- Downloads 21
Driving Forces of Globalization in Emerging Market Economies Developing Countries
The paper will deal mainly with the macroeconomics of globalization (trade andfinance), but before proceeding, a final distinction needs to be drawn betweenglobalization and liberalization. Developing countries themselve...
CLOSED FORM SOLUTION FOR HESTON PDE BY GEOMETRICAL TRANSFORMATIONS
One presents and discusses an alternative solution writeable in closed form of the Heston’s PDE, for which the solution is known in literature, up to an inverse Fourier transform. Since the algorithm to compute the inver...
FINANCIAL ANALYSIS OF WAQF REAL ESTATE REVENUES IN THE WEST BANK: 1994-2014
This paper made a financial analysis of the revenues of the Palestinian Ministry of Waqf ( endowment ) and specifically its real estate revenues in the West Bank. It was found that 61% of the waqf ministry?s total reven...
RANKING OF HEDGING TOOLS FROM THE PERSPECTIVE OF TEHRAN STOCK EXCHANGE INVESTORS
This paper prioritized the hedging tools using Analytical Hierarchy Process. The research is an applied research in terms of purpose and is kind of heuristic research in terms of method. In this research, opinions of Teh...
THE FINANCIAL PERFORMANCE OF CLOUD COMPUTING
With advanced information technology, compare to the past operation, the significant difference is the companies no longer need to set up their own costly the large server, instead an external professional supplier "clou...