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Cost and Benefit of Apprenticeship Training – A Comparison of Germany and Switzerland

Dionisius, Regina; Muehlemann, Samuel; Pfeifer, Harald; … - CESifo - 2008

For the first time it has been made possible to merge a German and a Swiss firm-level data set that include detailed information about costs and benefits of apprenticeship training. Previous analyzes based only on aggregate data showed that the net costs of training apprentices are substantial...

Persistent link: https://www.econbiz.de/10005181493

Money Matters - Evidence from a Large-Scale Randomized Field Experiment with Vouchers for Adult Training

Messer, Dolores; Wolter, Stefan C. - CESifo - 2009

This paper presents the results of a randomized experiment analyzing the use of vouchers for adult training. In 2006, 2,400 people were issued with a training voucher which they were entitled to use in payment for a training course of their choice. User behavior was compared with a control group...

Persistent link: https://www.econbiz.de/10005181564

The Consequences of Being Different - Statistical Discrimination and the School-to-Work Transition

Mueller, Barbara; Wolter, Stefan C. - CESifo - 2011

When information about the true abilities of job-seekers and applicants are hard to get, statistical discrimination by employers can be an efficient strategy in the hiring and wage setting process. But statistical discrimination can induce costs, if labor relations cannot be terminated in the...

Persistent link: https://www.econbiz.de/10008833895

Effects of Adult Education Vouchers on the Labor Market: Evidence from a Randomized Field Experiment

Schwerdt, Guido; Messer, Dolores; Woessmann, Ludger; … - CESifo - 2011

Lifelong learning is often promoted in ageing societies, but little is known about its returns or governments’ ability to advance it. This paper evaluates the effects of a large-scale randomized field experiment issuing vouchers for adult education in Switzerland. We find no significant...

Persistent link: https://www.econbiz.de/10008833939

Knowledge and Structure

Fioretti, Guido - EconWPA - 2002

This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction … costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of …

Persistent link: https://www.econbiz.de/10005561473

A Model of Primary and Secondary Waves in Investment Cycles

Fioretti, Guido - EconWPA - 2002

. Uniting Schumpeter's concern for innovation with Keynes' concern for uncertainty and expectations formation, this article … focuses on the behaviour of entrepreneurs confronting uncertainty caused by innovation. Entrepreneurs' behaviour is … opened up by a successful innovation generates a state of optimism in the minds of single entrepreneurs, which eventually …

Persistent link: https://www.econbiz.de/10005077089

Evidence Theory: A Mathematical Framework for Unpredictable Hypotheses

Fioretti, Guido - EconWPA - 2002

Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...

Persistent link: https://www.econbiz.de/10005125582