Showing 1 - 10 of 453
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10008577814
This paper incorporates training in the design of unemployment policies. Human capital falls upon displacement and … continuously depreciates during unemployment. While training counters the decrease in human capital, it also affects the … with varying intensity during the unemployment spell can be enforced by the social planner. The analysis provides three …
Persistent link: https://www.econbiz.de/10008468659
reduction in fertility is not due to the income loss generated by unemployment but arises because displaced workers undergo a …
Persistent link: https://www.econbiz.de/10005124116
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
Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited … variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment … pattern, which helps explain the lack of convergence in regional unemployment rates, is consistent with the presence of …
Persistent link: https://www.econbiz.de/10005136518
equilibrium, thereby generating unemployment in the ‘East’. This slows the migration of human capital towards the East, but …
Persistent link: https://www.econbiz.de/10005661511
Advocates of apprenticeship programmes often argue as if it is simply a matter of historical accident that such investment by US firms has been hindered. This paper explores the structure of incentives underpinning the German system of apprenticeship training. First, we describe three...
Persistent link: https://www.econbiz.de/10005124483
to employability, but that this varies by age across genders and that outdoor activities contribute most towards higher …
Persistent link: https://www.econbiz.de/10011083502
In this article, I study the effect of worker heterogeneities on wages and unemployment within the context of a …
Persistent link: https://www.econbiz.de/10005667080
This paper investigates the importance of accessing public capital markets through an initial public offering (IPO), and the consequent relaxation of firms’ financial constraints, for firm-level long term employment decisions. We find that firms significantly increase post-IPO investment in...
Persistent link: https://www.econbiz.de/10011249379