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Garicano, Luis; Rayo, Luis - C.E.P.R. Discussion Papers - 2013

surplus from his production. At any time, the novice can leave the relationship with his acquired knowledge and produce on his … structured as an apprenticeship, in which all production generated during training is used to compensate the expert. Knowledge … transfer takes a simple form. In the first period, the expert gifts the novice a positive level of knowledge, which is …

Persistent link: https://www.econbiz.de/10011084551

Overcoming Skills Shortages in Canada

Carey, David - Economics Department, Organisation de Coopération et … - 2014

Skills shortages have developed in certain fields and regions in recent years. Earnings premiums for people in some professions, notably health, engineering and skilled trades have increased. And vacancy rates have risen for skilled trades, with the increase being particularly large in Alberta...

Persistent link: https://www.econbiz.de/10011276903

Improving Education Outcomes in the Slovak Republic

Carey, David - Economics Department, Organisation de Coopération et … - 2007

Improving education outcomes is vital for achieving convergence with GDP per capita levels in Western European countries and for reducing income inequality. While some education outcomes are favourable, such as the low secondary-school drop-out rate, others have room for improvement: education...

Persistent link: https://www.econbiz.de/10005045693

Improving Education Outcomes in Germany

Carey, David - Economics Department, Organisation de Coopération et … - 2008

Improving education outcomes is important for Germany’s long-term economic performance and social cohesion. While student achievement is above the OECD average in science and at the OECD average in reading and mathematics according to the 2006 OECD PISA study, weaker students tend to do badly...

Persistent link: https://www.econbiz.de/10005045907

Improving Education Achievement and Attainment in Luxembourg

Carey, David; Ernst, Ekkehard - Economics Department, Organisation de Coopération et … - 2006

Improving education achievement in Luxembourg is a priority for strengthening productivity growth and enhancing residents. employment prospects in the private sector, where employers mainly hire cross-border workers. Student achievement in Luxembourg is below the OECD average according to the...

Persistent link: https://www.econbiz.de/10005046051

Managerial Leverage is Limited By the Extent of the Market: Hierarchies, Specialization and the Utilization of Lawyers' Human Capital

Garicano, Luis; Hubbard, Thomas - C.E.P.R. Discussion Papers - 2005

extent of the market. When the extent of the market increases, individuals’ knowledge becomes narrower, but deeper …

Persistent link: https://www.econbiz.de/10005497763

Offshoring in a Knowledge Economy

Antràs, Pol - 2005

How does the formation of cross-country teams affect the organization of work and the structure of wages? To study this question we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents specialize in production and more skilled agents...

Persistent link: https://www.econbiz.de/10012467591

The Return to Knowledge Hierarchies

Garicano, Luis - 2007

Hierarchies allow individuals to leverage their knowledge through others' time. This mechanism increases productivity … and organization of U.S. lawyers and use the equilibrium model of knowledge hierarchies in Garicano and Rossi …

Persistent link: https://www.econbiz.de/10012465842

Political Credit Cycles : The Case of the Euro Zone

Fernandez-Villaverde, Jesus - 2013

process in Greece, Spain, Ireland, and Portugal and, by way of contrast, in Germany, a country that did experience a reform …

Persistent link: https://www.econbiz.de/10012459762

Organizing Growth

Garicano, Luis - 2007

innovation. Agents accumulate knowledge through two activities: innovation (discovering new technologies) and exploitation …

Persistent link: https://www.econbiz.de/10012464941