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This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The … explanations of firm sponsored training. Using microdata from Germany, we show that the predictions of the specific human capital …
Persistent link: https://www.econbiz.de/10012473240
This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The … explanations of firm sponsored training. Using microdata from Germany, we show that the predictions of the specific human capital …
Persistent link: https://www.econbiz.de/10013231422
Persistent link: https://www.econbiz.de/10010467588
US energy sector. The model's quantitative implications match a range of moments not targeted in the estimation quite …
Persistent link: https://www.econbiz.de/10010485007
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Persistent link: https://www.econbiz.de/10001392001
Persistent link: https://www.econbiz.de/10013422829
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail to be realized when democracy is captured by the...
Persistent link: https://www.econbiz.de/10012458917