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The efficiency of educational choices is studied in a search-matching model where individuals face a tradeoff: acquiring formal education or learning while on the job. When their education effort is successful, newcomers directly obtain a high-skill job; otherwise, they begin with a low-skill...
Persistent link: https://www.econbiz.de/10010812517
Previous studies of labor market outcomes such as employment and wages have mostly been limited to investigating the impact of formal schooling only and, as a consequence, have seldom considered skills or alternative routes to acquiring skills, such as adult literacy programs, or other types of...
Persistent link: https://www.econbiz.de/10005700846
We study the effect of recognition on performance with a field experiment involving first-year undergraduate students … the second midterm grade is 0.03s (s = the grade's standard deviation) for the recipients of recognition, and 0.15s for … (itself unaffected), and decreases with the distance to the cutoff grade for recognition, reaching a significant 0.44s for …
Persistent link: https://www.econbiz.de/10010884116
unannounced, public recognition on employee performance. We hired more than 300 employees to work on a three-hour data-entry task …. In a random sample of work groups, workers unexpectedly received recognition after two hours of work. We find that … recognition increases subsequent performance substantially, and particularly so when recognition is exclusively provided to the …
Persistent link: https://www.econbiz.de/10010884268
covering all sectors in the Danish economy, are much more comprehensive than usually seen in validation studies. Measurement …
Persistent link: https://www.econbiz.de/10005822938
Lifelong learning represents a key response to the demographic challenge in Germany. In terms of professional success, not only hard skills but also soft skills hold importance. Indeed, the OECD competence tests PISA and PIAAC have come to the fore, although acquired skills are still relevant....
Persistent link: https://www.econbiz.de/10010884379
Using detailed time use data for Germany a positive correlation is found between the level of schooling education and time investments in informal education. Two hypotheses explain this observation: (1) highly educated people have higher opportunity costs of their leisure time and thus prefer...
Persistent link: https://www.econbiz.de/10005703596