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A Product Market Theory of Training and Turnover in Firms
Gersbach, Hans; Schmutzler, Armin - Institute for the Study of Labor (IZA) - 2001
We develop a product market theory that identifies determinants of worker turnover and explains why firms invest in …
Persistent link: https://www.econbiz.de/10005703400
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The Effects of Globalization on Worker Training
Gersbach, Hans; Schmutzler, Armin - Institute for the Study of Labor (IZA) - 2006
We consider a three-stage game to examine how market integration affects firms’ incentives to provide general worker training. In stage 1, firms invest in productivity-enhancing training. In stage 2, they can make wage offers for each others’ workers. Finally, Cournot competition takes...
Persistent link: https://www.econbiz.de/10005566526
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Risk, Uncertainty and Entrepreneurship: Evidence from a Lab-in-the-Field Experiment
Koudstaal, Martin; Sloof, Randolph; Praag, Mirjam C. van - Institute for the Study of Labor (IZA) - 2014
Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is … perform a large 'lab-in-the-field' experiment comparing entrepreneurs to managers – a suitable comparison group – and … employees (n = 2288). The results indicate that entrepreneurs perceive themselves as less risk averse than managers and …
Persistent link: https://www.econbiz.de/10010959844