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Hierarchies, Specialization, and the Utilization of Knowledge : Theory and Evidence from the Legal Services Industry
Garicano, Luis - 2004
What role do hierarchies play with respect to the organization of production and what determines their structure? We develop an equilibrium model of hierarchical organization, then provide empirical evidence using confidential data on thousands of law offices from the 1992 Census of Services....
Persistent link: https://www.econbiz.de/10012468261
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Why the Apple Doesn't Fall Far : Understanding Intergenerational Transmission of Human Capital
Black, Sandra E. - 2003
Parents with higher education levels have children with higher education levels. However, is this because parental education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely that more able individuals who have higher education...
Persistent link: https://www.econbiz.de/10012468628
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Economic Gains for U.S. States from Educational Reform
Hanushek, Eric A. - 2015
There is limited existing evidence justifying the economic case for state education policy. Using newly-developed measures of the human capital of each state that allow for internal migration and foreign immigration, we estimate growth regressions that incorporate worker skills. We find that...
Persistent link: https://www.econbiz.de/10012456901
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The Next Wave of Energy Innovation : Which Technologies? Which Skills?
Popp, David; Vona, Francesco; Gregoire-Zawilski, Myriam; … - National Bureau of Economic Research - 2022
The costs of low-carbon energy fell dramatically over the past decade, leading to rapid growth in its deployment. However, many challenges remain to deploy low-carbon energy at a scale necessary to meet net zero carbon emission targets. If net zero goals are to be met, developing complementary...
Persistent link: https://www.econbiz.de/10013361997
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Human Resource Policies and Union-Nonunion Productivity Differences
Allen, Steven G. - 1988
Many researchers in both economics departments and business schools recently have become interested in examining how much of an effect human resource decisions and policies have on firm performance. This paper surveys the literature on unionism and productivity and discusses its implications for...
Persistent link: https://www.econbiz.de/10012476316
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Capital Structure and a Firm’s Workforce
Matsa, David A. - 2018
While businesses require funding to start and grow, they also rely on human capital, which affects how they raise funds. Labor market frictions make financing labor different than financing capital. Unlike capital, labor cannot be owned and can act strategically. Workers face unemployment costs,...
Persistent link: https://www.econbiz.de/10012480777
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How Substitutable Are Workers? Evidence from Worker Deaths
Jäger, Simon; Heining, Jörg - National Bureau of Economic Research - 2022
administrative data from Germany, we analyze 34,000 unexpected worker deaths, which, on average, raise the remaining workers' wages …
Persistent link: https://www.econbiz.de/10013462678
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School Management Takeover, Leadership Change, and Personnel Policy
Duchini, Emma; Lavy, Victor; Machin, Stephen; Telhaj, … - National Bureau of Economic Research - 2023
Low-performing, high-poverty, public schools notoriously struggle to attract and retain good teachers. This paper studies a setting where independent organizations, including charities and businesses, take over the management of under-performing schools, while funding remains public. Exploiting...
Persistent link: https://www.econbiz.de/10014447315
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The Changing Structure of Wages in the US and Germany : What Explains the Differences?
Beaudry, Paul - 2000
Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while … files from the PSID (US) and the GSOEP (Germany), we demonstrate how factor movements within these countries are associated … capital over the 1979-96 period, while Germany accumulated factors in a more balanced manner …
Persistent link: https://www.econbiz.de/10012471064
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The Role of Wage and Skill Differences in US-German Employment Differences
Freeman, Richard B. - 2000
Greater job creation in the US than in Germany has often been related to greater wage dispersion coupled with less … jobs problem in Germany is one of a general lack in demand for labor …
Persistent link: https://www.econbiz.de/10012471302