Briefly Discuss the following questions: 1. The Schooling Model 2. The Wage Schooling Locus 3. On-the-Job...

Briefly Discuss the following questions: 1. The Schooling Model 2. The Wage Schooling Locus 3. On-the-Job Training 4. Determinants of Migration 5. Consequences of Migration

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Rahul Sunny answered 2 years ago

Answer both questions 9.) (ch 6) Suppose that Danielle’s wage-schooling locus is given by Years of...

Answer both questions 9.) (ch 6) Suppose that Danielle’s wage-schooling locus is given by Years of Schooling Earnings 6 $10,000 7 12,800 8 16,000 9 18,500 10 20,350 11 22,000 12 23,100 13 23,900 14 24,000 a) Derive the marginal rate of return (MRR) schedule. When will Danielle quit school if her discount rate is 10 percent? b) Suppose the government imposes an income tax of 20% on both labor earnings and interest income. What is the impact ofthis income...

The wage-schooling locus is A. downward sloping because education is generally productive. B. upward sloping because...

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3) Using Becker’s model of on-the-job training answer the following questions: (i) What is general training...

3) Using Becker’s model of on-the-job training answer the following questions: (i) What is general training and who pays for general training? Use a diagram as part of the explanation. (ii) What is firm-specific training and who pays for firm-specific training? Use a diagram as part of the explanation.

Discuss the implications of job search theory for the following phenomena:  Unemployment duration  Wage...

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discuss this models (1- health belief model, 2- health promotion model, 3- resource model of preventive...

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Answer the following questions briefly and concisely. 1. What is audit sampling? 2. Define the following...

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