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A Test of the Signalling Hypothesis - Evidence from Natural Experiment

Stolorz, Sebastian - EconWPA - 2005

The paper proposes an alternative methodology for testing signalling hypothesis based on chances to get a job in a particular class of the job market. The individuals are ranked and matched by an external mechanism, based on preferences of employers in respect to actual observable and perceived...

Persistent link: https://www.econbiz.de/10005125815

Intelligence, Human Capital, and Economic Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach

Jones, Garett; Schneider, W. Joel - EconWPA - 2005

Human capital plays an important role in the theory of economic growth, but it has been difficult to measure this abstract concept. We survey the psychological literature on cross-cultural IQ tests, and conclude that modern intelligence tests are well-suited for measuring an important form of a...

Persistent link: https://www.econbiz.de/10005407739

Optimal Unemployment Insurance with Variable Skill Levels

Pollak, Andreas - EconWPA - 2004

I study the consequences of heterogeneity of skills for the design of an optimal unemployment insurance, using a principal-agent set-up with a risk neutral insurer and infinitely lived risk averse agents. Agents, who are characterised by different productivities or skills, are employed by firms...

Persistent link: https://www.econbiz.de/10005408328

The Role of Endogenous Skill Choice in an Aging Economy

Jaag, Christian - EconWPA - 2005

This chapter analyzes the effects of an aging population on individual skill choices and the production structure by means of a dynamic general equilibrium model with overlapping generations and probabilistic aging. The model allows for capital-skill complementarity, which strongly affects the...

Persistent link: https://www.econbiz.de/10005408449

Capital Humano y Crecimiento Económico en México (1970-2000). Human Capital and Economic Growth in Mexico.

Bautista, Alejandro Diaz; Dominguez, Mauro Diaz - EconWPA - 2004

En los últimos años, se han realizado diversos estudios a nivel mundial utilizando el modelo de crecimiento y convergencia económica, a través de países y de regiones. Para el caso de México, hasta la segunda mitad de los noventas comienza el análisis empírico de la convergencia...

Persistent link: https://www.econbiz.de/10005556248

Train to gain – The benefits of employee-financed training in Germany

Pfeifer, Harald - Institut für Strategie und Unternehmensökonomik … - 2008

Individual returns on continuing vocational training have been in the focus of many empirical and theoretical papers. Most of the works do not explicitly discuss returns to training that is financed fully or partly by the employee. This seems surprising since several publicly funded programs to...

Persistent link: https://www.econbiz.de/10005634653

Estimating a Life Cycle Model with Unemployment and Human Capital Depreciation

Pollak, Andreas - EconWPA - 2005

I estimate a life cycle model of consumption choice with unemployment risk. Employed individuals face the risk of losing their job. Unemployed agents receive job random offers of different quality, which they can accept or reject. Following the loss of a job and during unemployment, an agent’s...

Persistent link: https://www.econbiz.de/10005119102

How to combine human resource management systems and human capital portfolios to achieve superior innovation performance

Rupietta, Christian; Backes-Gellner, Uschi - Institut für Strategie und Unternehmensökonomik … - 2013

recombination depends on both the availability of a knowledge stock (human capital pool) that contains innovation-relevant knowledge …Firms generate new knowledge that leads to innovations by recombining existing knowledge sources. A successful … and the regulation of the knowledge flow through the application of human resource management practices. However, while …

Persistent link: https://www.econbiz.de/10010739896