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Booth, Alison L; Chatterji, Monojit - C.E.P.R. Discussion Papers - 1997

The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time-consistent, and training comprises both specific and general skills. It is shown that, in the absence of a social planner, the firm has ex-post monopsonistic power that drives...

Persistent link: https://www.econbiz.de/10005666579

Quitting Externalities, Employment Cyclicality and Firing Costs

Booth, Alison L; Zoega, Gylfi - C.E.P.R. Discussion Papers - 1994

This paper derives a model in which workers have firm-specific and industry-specific skills, and in each period there is a non-zero probability that a worker quits. This makes the private discount factor, used by firms in making decisions about hiring and training new workers and firing existing...

Persistent link: https://www.econbiz.de/10005124399

Reorganization of Firms and Labour Market Inequality

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1996

This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We show how recent technological advances in physical and human capital can lead to the breakdown of occupational barriers, creating demands for new combinations of skills, and...

Persistent link: https://www.econbiz.de/10005789077

The Aggregate Labour Market Effects of the Swedish Knowledge Lift Program

Albrecht, James; den Berg, Gerard J van; Vroman, Susan - C.E.P.R. Discussion Papers - 2006

The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...

Persistent link: https://www.econbiz.de/10005123553

Employer Learning And The Returns To Schooling

Bauer, Thomas; Haisken-DeNew, John P - C.E.P.R. Discussion Papers - 2000

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labour market experience and increase with initially...

Persistent link: https://www.econbiz.de/10005666574

Can Vocational Education Improve the Wages of Minorities and Disadvantaged Groups? The Case of Israel

Neuman, Shoshana; Ziderman, Adrian - C.E.P.R. Discussion Papers - 2001

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

Retaining through training; even for older workers

Picchio, Matteo; Ours, Jan C van - C.E.P.R. Discussion Papers - 2011

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

Renascent Men or Entrepreneurship as a One-Night Stand: Entrepreneurial Intentions Subsequent to Firm Exit

Audretsch, David B; Meijaard, Joris; Stam, Erik - C.E.P.R. Discussion Papers - 2005

While a large literature has emerged focusing on nascent entrepreneurship, the propensity for ex-entrepreneurs to … consider re-entering into entrepreneurship, or what we term here as renascent entrepreneurship, has been generally overlooked …. According to the theory of selection and passive learning (Jovanovic, 1982), while there is a lot to be learned about the …

Persistent link: https://www.econbiz.de/10005124242

What Makes an Entrepreneur and Does it Pay? Native Men, Turks and Other Migrants in Germany

Constant, Amelie; Shachmurove, Yochanan; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2004

This Paper focuses on the entrepreneurial endeavors of immigrants and natives in Germany. We pay closer attention to Turks, since they are the largest immigrant group with a strong entrepreneurial tradition; self-employed Turks in Germany represent about 70% of all Turkish entrepreneurs in the...

Persistent link: https://www.econbiz.de/10005497816

Wages, Experience and Seniority

Dustmann, Christian; Meghir, Costas - C.E.P.R. Discussion Papers - 1999

This paper develops and estimates a human capital model of wage growth based on learning by doing. Learning by doing rates are assumed to be heterogeneous and firms offer different career structures in terms of the rate of acquisition of firm specific human capital. The model is estimated using...

Persistent link: https://www.econbiz.de/10005136649

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