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Career Progression and Formal versus on the Job Training

Adda; Dustmann - Econometric Society - 2004

This paper evaluates the return to formal education over the life-cycle and compare it to informal, on the job training. More specifically, we assess the apprenticeship system in Germany by comparing the long run value of education choices and subsequent labor market outcomes for apprentices and...

Persistent link: https://www.econbiz.de/10005328934

Firm Location and the Creation and Utilization of Human Capital

Almazan, Andres; Motta, Adolfo De - Econometric Society - 2004

This paper presents a theory of location choice that draws on insights from the incomplete contracts and investment flexibility (real option) literatures. We provide conditions under which human capital is more efficiently created and better utilized within industrial clusters that contain...

Persistent link: https://www.econbiz.de/10005328936

Agent Heterogeneity and Learning: An Application to Labor Markets

Woodcock, Simon D. - Econometric Society - 2004

I develop a matching model with heterogeneous workers, firms, and worker-firm matches, and apply it to longitudinal linked data on employers and employees. Workers vary in their marginal product when employed and their value of leisure when unemployed. Firms vary in their marginal product and...

Persistent link: https://www.econbiz.de/10005328946

The Effects of Wealth, and Unemployment Benefits on Search Behavior and Labor Market Transitions

Gladden, Tricia; Alexopoulos, Michelle - Econometric Society - 2004

and the level of unemployment benefits. Since wealth and unemployment benefits affect search intensity, they also affect … the duration of unemployment spells. Although there are a small number of papers that empirically estimate the … relationship between search intensity and unemployment benefits, none focus on the effects of savings on search intensity. This …

Persistent link: https://www.econbiz.de/10005342257

Promotions, State Dependence and Intrafirm Job Mobility: Evidence From Personnel Records

Acosta, Pablo - Econometric Society - 2004

The objective of this paper is to add evidence of job mobility within a firm using personnel records from a single large U.S. corporation, focusing on the determinants of the hazard rates of being promoted to a higher hierarchy level. How to successfully control for unobserved heterogeneity is...

Persistent link: https://www.econbiz.de/10005130187

The Impact of Trade Liberalization on Employment, Capital and Productivity Dynamics:

Gandelman, Néstor; Casacuberta, Carlos; Fachola, Gabriela - Econometric Society - 2004

This paper studies the impact of trade liberalization on labor and capital gross flows and productivity in the Uruguayan Manufacturing Sector. Uruguay opened its economy in the presence of strong â€“at least initially- unions and structural different industry concentration levels. Higher...

Persistent link: https://www.econbiz.de/10005170257

The Harris-Todaro Labor Allocation Mechanism as an Evolutionary Game

Silveira, Jaylson Jair da; Sanson, Joao Rogerio - Econometric Society - 2004

The Harris-Todaro model is reinterpreted under an evolutionary game approach, including the behavior of migrants under bounded rationality in a process of imitation or learning. A first feature is an improvement upon Harris-Todaro by replacing the sign-preserving function of the adjustment...

Persistent link: https://www.econbiz.de/10005699584

Counteroffers: When Will They Occur?

Barron, John; Berger, Mark - Econometric Society - 2004

In employment agreements, alternatives arise over time for either party that threaten the survival of the particular match between the worker and the firm. This paper focuses on one side of this issue, namely the optimal response by an employer to a threatened unilateral termination of an...

Persistent link: https://www.econbiz.de/10005699683

The Role of Campaign War Chest in Congressional Careers

Ching, Andrew; Merlo, Antonio - Econometric Society - 2004

The main goal of this paper is to investigate the role of campaign fund in congressional careers. To achieve this goal, we specify a dynamic model of career decisions of a member of Congress. In particular, we model how the amount of campaign funds raised affects the probability of winning...

Persistent link: https://www.econbiz.de/10005342375

Businessman Candidates

Sonin, Konstantin; Gehlbach, Scott - Econometric Society - 2004

Students of politics are familiar with two common forms of influence exercised by special interests over politicians: the provision of financial support to favored candidates during election campaigns, and the application of lobbying power when dealing with elected politicians. However, in...

Persistent link: https://www.econbiz.de/10005063710