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The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010329138
The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010331097
There are various reasons why less-educated men have higher risks of labor market vulnerability - risks such as being unemployed or, if employed, having only low socioeconomic status. The commonly used argument is that these higher risks result from increased job competition caused by an...
Persistent link: https://www.econbiz.de/10011833826
We study the evolution of educational attainment of the 1932-1972 cohorts using a human capital investment model with heterogeneous learning ability. Inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education quality over time, and average learning ability...
Persistent link: https://www.econbiz.de/10011878853
Individuals with more years of education generally acquire more training later on in life. Such a relationship may be due to skills learned in early periods increasing returns to educational investments in later periods. This paper addresses the question whether the complementarity between...
Persistent link: https://www.econbiz.de/10011479750
Individuals with more years of education generally acquire more training later on in life. Such a relationship may be due to skills learned in early periods increasing returns to educational investments in later periods. This paper addresses the question whether the complementarity between...
Persistent link: https://www.econbiz.de/10011494331
Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm...
Persistent link: https://www.econbiz.de/10014290178
This study of the emergence of inequality during the early years is based upon a comparative analysis of children at the age of about five years in Australia, Canada, the United Kingdom and the United States. We study a series of child outcomes related to readiness to learn, focusing on...
Persistent link: https://www.econbiz.de/10010282315
/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the … crossroads between sources of knowledge and the experiential and intellectual base of an entrepreneur (i.e., dimensions of his …/her human capital) suggests that it is through experience and through education that an entrepreneur obtains knowledge. Using …
Persistent link: https://www.econbiz.de/10012055295
area GDP per capita. Second, we develop measures of human capital that reflect the types of knowledge within U ….S. metropolitan areas. Regional knowledge stocks related to the provision of producer services and information technology are …
Persistent link: https://www.econbiz.de/10010283514