Although interest in monopsonistic influences on labour market outcomes has revived in recent years, only a few empirical studies provide direct evidence on it. This paper analyses empirically the effect of monopsony power on pay structure, using a direct measure of labour market ÔthinnessÕ....

This paper analyzes how the costs of hiring skilled workers from the external labor market affect a firm's supply of training. Using administrative survey data with detailed information on hiring and training costs for Swiss firms, we find evidence for substantial and increasing marginal hiring...

The paper aims to test whether a firm’s provision of training depends on the intake quality of trainees. While a firm may just treat each trainee equally, independent of his or her intake quality, firms may alternatively also provide more training to less able individuals or focus on the most...

We investigate the effects of works councils on apprenticeship training. The German law attributes works councils substantial information and co-determination rights on training-related issues. Thus, works councils may also have an impact on the cost-benefit relation of workplace training. Using...

Using a large representative German data set and various concepts of self-employment, thispaper tests the “jack-of-all-trades” view of entrepreneurship by Lazear (AER 2004).Consistent with its theoretical assumptions we find that self-employed individuals performmore tasks and that their...

Using two Dutch labour force surveys, employment assimilation of immigrants is examined. We observe marked differences between immigrants by source country. Non-western immigrants never reach parity with native Dutch. Even second generation immigrants never fully catch up...

Using the large-scale German Socio-Economic Panel, this note reports direct empirical evidence for significant correlations between risk aversion and labour market outcomes (full-time employment, temporary agency work, fixed-term contracts, employer change, quits, training, wages, and job...

This paper studies how portable skill accumulated in the labor market are. Using rich data ontasks performed in occupations, we propose the concept of task-specific human capital tomeasure the transferability of skills empirically. Our results on occupational mobility andwages show that labor...

In labor markets with worker and firm heterogeneity, the matching between firms and workersmay be assortative, meaning that the most productive workers and firms team up. Weinvestigate this with longitudinal population-wide matched employer-employee data fromPortugal...

This paper identifies several distortions which create barriers to entrepreneurship. First, inaddition to the innate entry cost, there are entry costs caused by regulation. Second, unionwage policies raise the opportunity cost of entrepreneurship...<BR>