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The Stairways to Heaven: A Model of Career Choice in Sports and Games, with an Application to Chess

Ariga, Kenn; Brunello, Giorgio; Iwahashi, Roki; Rocco, … - Institute for the Study of Labor (IZA) - 2008

We model individual careers in sports and games from initial entry to eventual exit or success as a discrete-choice, finite-horizon optimization problem. We apply this model to the international game of chess and study cross-country differences in the relative success of players. While we find...

Persistent link: https://www.econbiz.de/10005762429

Local Agglomeration, Entrepreneurship and the Great Recession: Evidence from Italian Industrial Districts

Brunello, Giorgio; Langella, Monica - Institute for the Study of Labor (IZA) - 2014

We ask whether local agglomeration affects how recessions impact on entrepreneurship by comparing the probability of … on entrepreneurship has been sharper in areas with industrial districts. After examining alternative explanations …

Persistent link: https://www.econbiz.de/10010801187

Not in My Community: Social Pressure and the Geography of Dismissals

Bassanini, Andrea; Brunello, Giorgio; Caroli, Eve - Institute for the Study of Labor (IZA) - 2015

We investigate the role of local social pressure in shaping the geographical pattern of firms' firing decisions. Using French linked employer-employee data, we show that social pressure exerted by the local communities where firms' headquarters are located induces CEOs to refrain from dismissing...

Persistent link: https://www.econbiz.de/10011210816

Books Are Forever: Early Life Conditions, Education and Lifetime Income

Brunello, Giorgio; Weber, Guglielmo; Weiss, Christoph T. - Institute for the Study of Labor (IZA) - 2012

In this paper we estimate the effect of education on lifetime earnings in Europe, by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals who had access to many or few books at age ten. We instrument years of education using reforms of...

Persistent link: https://www.econbiz.de/10009652526

Non Cognitive Skills and Personality Traits: Labour Market Relevance and their Development in Education & Training Systems

Brunello, Giorgio; Schlotter, Martin - Institute for the Study of Labor (IZA) - 2011

This paper reviews the empirical economic literature on the relative importance of non cognitive skills for school and labour market outcomes, with a focus on Europe. There is evidence that high cognitive test scores are likely to result not only from high cognitive skills but also from high...

Persistent link: https://www.econbiz.de/10009643724

Laterborns Don't Give Up: The Effects of Birth Order on Earnings in Europe

Bertoni, Marco; Brunello, Giorgio - Institute for the Study of Labor (IZA) - 2013

While it is well known that birth order affects educational attainment, less is known about its effects on earnings. Using data from eleven European countries for males born between 1935 and 1956, we show that firstborns enjoy on average a 13.7 percent premium over laterborns in their wage at...

Persistent link: https://www.econbiz.de/10010814477

Training Subsidies and the Wage Returns to Continuing Vocational Training: Evidence from Italian Regions

Brunello, Giorgio; Comi, Simona; Sonedda, Daniela - Institute for the Study of Labor (IZA) - 2010

We use the variation of training policy over time and across Italian regions to identify the relationship between individual training and earnings. Using longitudinal data for the period 1999 to 2005, we find that the marginal effect of one additional week of formal training on monthly earnings...

Persistent link: https://www.econbiz.de/10008457147

Absolute Risk Aversion and the Returns to Education

Brunello, Giorgio - Institute for the Study of Labor (IZA) - 2000

Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household income, is used as an instrument for attained education...

Persistent link: https://www.econbiz.de/10005761664

Is Training More Frequent When Wage Compression Is Higher? Evidence from the European Community Household Panel

Bassanini, Andrea; Brunello, Giorgio - Institute for the Study of Labor (IZA) - 2003

When labor markets are imperfectly competitive, firms may be willing to finance general training if the wage structure is compressed, that is, if the increase of productivity after training is greater than the increase in pay. We propose a novel way of testing this proposition, which exploits...

Persistent link: https://www.econbiz.de/10005761827

School Quality and Family Background in Italy

Brunello, Giorgio; Checchi, Daniele - Institute for the Study of Labor (IZA) - 2003

regions and cohorts with poorer family background. Parental education has had asymmetric effects, positive on attainment and … individuals with poor family background and negative for individuals born in regions and cohorts with relatively high parental … to parental education in the production of individual human capital. When school quality and family background are …

Persistent link: https://www.econbiz.de/10005762056