Showing 1 - 10 of 21
An incomplete markets life-cycle model with indivisible labour makes career lengths and human capital accumulation respond to labour tax rates and government supplied non-employment benefits. We compare aggregate and individual outcomes in this individualistic incomplete markets model with those...
Persistent link: https://www.econbiz.de/10005656326
be called Embodied Human Capital Unemployment. This is a phenomenon not seen before in social history, simply because … around for a while as we all live our lives. I illustrate the relevance of this new concept of unemployment to the U …
Persistent link: https://www.econbiz.de/10008596380
longer hours. By contrast, a higher probability of losing jobs, a longer duration of unemployment, and in general a less …
Persistent link: https://www.econbiz.de/10005136435
system, incl: services provided in institutions; services provided in the society; services provided to elderly people at … home by institutions or by society; home care for elderly by family members and other services for disabled people; medical … provided in the community and in the family, as well as by services provided in institutions. The providers of the services …
Persistent link: https://www.econbiz.de/10011260590
There is a considerable empirical literature which compares wage levels of workers who have studied at secondary vocational schools with wages of workers who took academic schooling. In general, vocational education does not lead to higher wages. In some countries where labour markets are...
Persistent link: https://www.econbiz.de/10005123991
This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual heterogeneity. We also take into account that there...
Persistent link: https://www.econbiz.de/10008921779
This paper aims to provide a detailed socio-economic analysis of the town of Carbonia yielding insights which could serve as a stimulus and reflection, in order to guide policy makers to the adoption of public policies that could relaunch the town and the territory, making them more competitive...
Persistent link: https://www.econbiz.de/10009220684
Is it true that communist countries had well-developed human capital, or is it just a myth? What were human capital stocks at the beginning of transition to market economy? What happened to human capital formation during the transition? We attempt to answer these questions using evidence from...
Persistent link: https://www.econbiz.de/10009325662
Composition of the euro area workforce evolves over time and in response to changing labour market conditions. We construct an estimate of growth in euro area labour quality over the period 1983-2004 and show that labour quality has grown on average by 0.6% year-on-year over this time period....
Persistent link: https://www.econbiz.de/10005662236
Adding generous government supplied benefits to Prescott's (2002) model with employment lotteries and private consumption insurance causes employment to implode and prevents the model from matching outcomes observed in Europe. To understand the role of a 'not-so-well-known aggregation theory'...
Persistent link: https://www.econbiz.de/10005666543