publication . Master thesis . 2010

An endogenous relationship between wages, job opportunity, and skilled labor shortage in Norway

Lee, Yin Jien;
Open Access English
  • Published: 05 Nov 2010
  • Publisher: The University of Bergen
Abstract
Norway's economy has gone through unprecedented growth in the past decade. The strong growth in GDP, employment, labor productivity, real wage, and labor immigration combines with increasing outflows from the labor force, such as early retirement scheme, sickness and disability, and old age retirement implies that Norway's labor market is tight. We hypothesize demographic changes and skilled and unskilled job composition affects tertiary education participation through wage premium and job opportunities. Motivation to pursue tertiary education is determined by perceived wage premium, expected foregone earnings, expected relative lifetime earnings, and ease of...
Subjects
free text keywords: Tertiary education, Skilled labor, Labor immigration, Skilled wage premium, 753907, Skilled labor shortage, :Social science: 200 [VDP], Labor demand, Labor supply, Mastergrad
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publication . Master thesis . 2010

An endogenous relationship between wages, job opportunity, and skilled labor shortage in Norway

Lee, Yin Jien;