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Interpreting European and US Labour Market Differences: The Specificity of Human Capital Investments
Wasmer, Etienne - C.E.P.R. Discussion Papers - 2003
little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …
Persistent link: https://www.econbiz.de/10005124257
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What is the Domain of the Welfare State?
Snower, Dennis J. - C.E.P.R. Discussion Papers - 1994
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
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Unemployment and Increasing Returns to Human Capital
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994
unemployment rates. It may be the case that this locus is steep enough to generate increasing returns to education. This may lead … to multiple equilibria: a high-education equilibrium may coexist with a low-education equilibrium. In the former, the … unskilled are more exposed to unemployment relative to the skilled, as compared with the latter. The two equilibria cannot be …
Persistent link: https://www.econbiz.de/10005124159
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The Sharing Hypothesis for Specific Human Capital
Stevens, Margaret - C.E.P.R. Discussion Papers - 1994
This paper examines the foundations of the prediction that the costs of, and returns to, an investment in specific human capital will be shared between worker and firm, and hence that in the presence of specific human capital there will be a positive relationship between wage and tenure. It is...
Persistent link: https://www.econbiz.de/10005504373
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On-the-Job Training, Firing Costs and Employment
Diaz-Vazquez, Pilar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2004
This Paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over the booms and recessions of the business cycle).
Persistent link: https://www.econbiz.de/10005123858
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Why Do Foreign-Owned Firms Pay More? The Role of On-the-Job Training
Görg, Holger; Strobl, Eric; Walsh, Frank - C.E.P.R. Discussion Papers - 2007
While foreign-owned firms have consistently been found to pay higher wages than domestic firms to what appear to be equally productive workers, the causes of this remain unresolved. In a two-period bargaining framework we show that if training is more productive and specific in foreign firms,...
Persistent link: https://www.econbiz.de/10005504234
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Continuous Training In Germany
Pischke, Jörn-Steffen - C.E.P.R. Discussion Papers - 2000
Using data from the German Socio-Economic Panel, this paper analyses the incidence, financing, and returns to workplace training in Germany for the years 1986 to 1989. Much of this training seems general, and is provided to workers by their employer at no direct cost. While workers typically...
Persistent link: https://www.econbiz.de/10005656237
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Dual Labour Markets and (Lack of) On-The-Job Training: PIAAC Evidence from Spain and Other EU Countries
Cabrales, Antonio; Dolado, Juan J.; Mora, Ricardo - C.E.P.R. Discussion Papers - 2014
Using the Spanish micro data from the Programme for the International Assessment of Adult Competencies (PIAAC), we first document how the excessive gap in employment protection between indefinite and temporary workers leads to large differentials in on-the-job training (OTJ) against the latter....
Persistent link: https://www.econbiz.de/10011084655
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Is teenage motherhood contagious? Evidence from a Natural Experiment
Monstad, Karin; Propper, Carol; Salvanes, Kjell G - C.E.P.R. Discussion Papers - 2011
There is relatively little research on peer effects in teenage motherhood despite the fact that peer effects, and in particular social interaction within the family, is likely to be important. We estimate the impact of an elder sister’s teenage fertility on the teenage childbearing of their...
Persistent link: https://www.econbiz.de/10009209828
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Gender Gaps across Countries and Skills: Supply, Demand and the Industry Structure
Olivetti, Claudia; Petrongolo, Barbara - C.E.P.R. Discussion Papers - 2011
The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked. Based on a canonical supply and demand framework,...
Persistent link: https://www.econbiz.de/10009283390