Showing 1 - 10 of 184
Employees of globalized firms face a riskier menu of labor market outcomes. They face a more uncertain stream of earnings and riskier employment prospects. However, they may also have stronger incentives to train and upgrade their skills and/or may benefit from more rapid careers. Hence, the...
Persistent link: https://www.econbiz.de/10008671733
Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate …
Persistent link: https://www.econbiz.de/10010948873
of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection … policies in a model of endogenous skill formation where, apart from their ability to transform training into skills …
Persistent link: https://www.econbiz.de/10010542014
This paper presents the results of a randomized experiment analyzing the use of vouchers for adult training. In 2006, 2 …,400 people were issued with a training voucher which they were entitled to use in payment for a training course of their choice … impact on participation in training modules. Nevertheless, the increase was partially offset by a deadweight loss in excess …
Persistent link: https://www.econbiz.de/10005181564
combination with continuous training. Based on German micro data, we find empirical evidence in support of training leading to … innovation within a multivariate regression framework. However, when instrumenting training by the existence of a union …
Persistent link: https://www.econbiz.de/10005405807
We study the impact of barriers to entry on workplace training. Our theoretical model indicates that there are two … contrasting effects of deregulation on training. With a given number of firms, deregulation reduces the size of rents per unit of … output that firms can reap by training their employees. Yet, the number of firms increases, thereby raising output and profit …
Persistent link: https://www.econbiz.de/10008583639
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker’s tenure relative to the tenure of her colleagues). We...
Persistent link: https://www.econbiz.de/10005181342
We study an important mechanism underlying employee referrals into informal low skilled jobs in developing countries. Employers can exploit social preferences between employee referees and potential workers to improve discipline. The profitability of using referrals increases with referee stakes...
Persistent link: https://www.econbiz.de/10010674452
This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay over the past 30 years has sparked an intense debate about the nature of the pay-setting process. Many view the high level of CEO compensation as the result of powerful managers setting their own pay. Others...
Persistent link: https://www.econbiz.de/10008799732
We investigate the effects of two reforms of temporary employment using panel data on Italian firms. We exploit variation in their implementation across regions and sectors for identification. We find that the reform of apprenticeship contracts increased job turnover and induced the substitution...
Persistent link: https://www.econbiz.de/10009221556