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We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive effect of wage variance and the negative effect of wage skew. We discuss robustness of the findings across specifications, potential bias from unobserved heterogeneity and selectivity and consider the core issue of students' information on benefits from education.

The purpose of this paper is to seek test for the precondition for labour-market competition between immigrants and natives, which implies that both are willing to accept jobs that do not differ in quality.

To test this hypothesis, using Spanish data, the paper analyses whether immigrants and natives exhibit different tastes for working conditions. The paper proceeds as follows. First, the paper estimates job satisfaction equations, where working conditions enter as covariates. Second, the paper tests whether the package of (dis)amenities inherent to their jobs differ. Additionally, the paper also tests for assimilation of immigrant workers in terms of job quality.

The paper finds that immigrant and native workers tend to exhibit the same taste for most on-the-job amenities. However, immigrants are more tolerant with jobs involving poorer environmental working conditions, more physically demanding tasks and higher exposure to physical damage. The paper also finds that immigrant workers tend to be employed in lower quality jobs. However, some of the bad working conditions tend to improve over time, suggesting some assimilation in terms of job quality.

The type of analysis the authors carry out here allows them to contribute to the literature by moving a step away from the conventional approach used in previous studies. While previous literature mostly analyses the effect of immigration in natives’ labour market outcomes and assimilation of immigrants in terms of wages and employment, this study is one of the few that focus on working conditions and the quality of jobs.

The purpose of this paper is to discuss literature and empirical evidence on regulatory independence especially in telecommunications and to suggest reforms of this institution.

The paper comprises a survey of the literature plus new empirical evidence on de facto independence.

The study finds that independence has a positive and significant, but modest, impact on network penetration, once de facto issues and endogeneity are taken into account.

De facto independence can only be superficially approached with quantitative methods and the instruments used to correct for endogeneity are far from perfect.

Regulatory agencies may find ways to improve their effectiveness.

The paper provides ideas on how to solve the dilemma between expertise and accountability in the particular field of telecommunications regulation.

The paper provides data about the vulnerability of independent regulation in telecommunications in Latin America until 2010.

Based on a theoretical framework grounded in the social-cognitive theory and its derivative the social-cognitive career theory, the main purpose of this paper is to examine the role of entrepreneurial exposure in moderating the relationship between self-efficacy and entrepreneurial intention in the presence of different levels of outcome expectations.

Using a sample of 643 secondary students from Colombia, the authors tested the validity and reliability of scales used to measure the main constructs of the socio-cognitive career theory and used the construct of entrepreneurial exposure to examine contingent hypotheses using a four-step linear regression analysis.

The study results suggest that although the main social-cognitive career variables (self-efficacy and outcome expectation) and entrepreneurial exposure directly influence the formation of entrepreneurial intention and thus support previous findings, the authors also discover a new configuration of (interacting) antecedents. While on the one hand, even a low level of entrepreneurial exposure leads to a significant increase in the entrepreneurial intention of secondary students with high outcome expectation and high self-efficacy; on the other hand, high entrepreneurial exposure leads to a decrease in entrepreneurial intention among students with high entrepreneurial expectation and high self-efficacy.

The main implication of the study findings is although entrepreneurial exposure is beneficial for fostering entrepreneurial intention among secondary students, a high level of entrepreneurial exposure can have a detrimental effect especially among those with high self-efficacy and outcome expectations.

The paper suggests implications and suggestions for educators to foster the development of entrepreneurial intentions among students.

This study provides empirical evidence on the formation of entrepreneurial intention in a new setting. In addition, it improves one’s understanding of the main tenets of social-cognitive career theory by taking into account an important environment factor that can have a contrasting impact on the formation on entrepreneurial intention among adolescents.