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complexity and its training requirements. When two tasks are equally complex, firms will automate the task that requires more … training and in which labor is hence more expensive. Under quite general conditions this leads to job polarization, a decline …. The model makes novel predictions regarding occupational training requirements, which we find to be consistent with US …
Persistent link: https://www.econbiz.de/10011167202
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...
Persistent link: https://www.econbiz.de/10005822664
This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The … estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in … training, but did not do so because of a random event like course cancellation by the provider of training. We find no impact …
Persistent link: https://www.econbiz.de/10011265284
of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection … policies in a model of endogenous skill formation where, apart from their ability to transform training into skills …
Persistent link: https://www.econbiz.de/10010541270
This paper analyses the effects of work-related training on worker productivity. To identify the causal effects from … training, we combine a field experiment that randomly assigns workers to treatment and control groups with panel data on … individual worker performance before and after training. We find that participation in the training programme leads to a 10 …
Persistent link: https://www.econbiz.de/10009325447
Market imperfections may cause firms and workers to under-invest in specific training. This paper shows that profit … sharing may be a suitable instrument to enhance specific training investments, either by enhancing wage flexibility or by … increasing the returns to training. As a result, profit sharing not only increases productivity by means of an effort effect, but …
Persistent link: https://www.econbiz.de/10005822170
In this paper, I analyse the relationship between job-related training and career progress of workers. Most theories of … empirical validity of such theories by analysing the effect of training on the career progress of an individual. I use the … sample of workers from twelve waves of the BHPS (1991-2002) to study the impact of training over the probability of making a …
Persistent link: https://www.econbiz.de/10005763779
This article studies the use and impact of a firm-sponsored training ("Employability-miles") voucher scheme that aims …, participation in non-voucher training shows little relation to personality traits. From a human resources perspective, this finding … suggests that by employing a voucher scheme, the firm makes training participation more dependent on employee personality and …
Persistent link: https://www.econbiz.de/10010764599
We evaluate the effects of employer-provided formal training on employee suggestions for productivity improvements and … company allow us to address issues such as unobserved heterogeneity and the length of potential training effects. Our main … training. The effect on suggestions is however only short term. Promotion probabilities are largest directly after training but …
Persistent link: https://www.econbiz.de/10009003956
This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the … Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual … receiving firm-provided training. We find that firm-provided training significantly increases future employment prospects. This …
Persistent link: https://www.econbiz.de/10008876567