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Amidst the rise of remote work, we ask: what are the effects of proximity to coworkers? We find being near coworkers has tradeoffs: proximity increases long-run human capital development at the expense of short-term output. We study software engineers at a Fortune 500 firm, whose main campus has...
Persistent link: https://www.econbiz.de/10014437011
Firms may be reluctant to provide general training if workers can quit and use their gained skills elsewhere. "Training contracts" that impose a penalty for premature quitting can help alleviate this inefficiency. Using plausibly exogenous contractual variation from a leading trucking firm, we...
Persistent link: https://www.econbiz.de/10012455434
treatment impact of a program? Using data from Lalonde's (1986) influential evaluation of non-experimental methods, we …
Persistent link: https://www.econbiz.de/10012472224
Micro level studies in developing countries suggest managerial skills play a key role in the adoption of modern technologies. The human resources literature suggests that managerial skills are difficult to codify and learn formally, but instead tend to be learned on the job. In this paper we...
Persistent link: https://www.econbiz.de/10012467228
the extent to which training costs are borne by firms versus employees as well as by the uncertainty about future …
Persistent link: https://www.econbiz.de/10012468588
One problem with the theory of firm-specific human capital is that it is difficult to generate convincing examples of investment that could generate the sometimes observed large and continuing effects on earnings. Another approach, called the skill-weights' view, allows all skills to be general...
Persistent link: https://www.econbiz.de/10012469019
This paper estimates the dynamic returns to job training. We posit a dynamic-discrete choice model of sequential training participation, where choices and earnings depend on observed and unobserved characteristics.We define treatment effects, including policy relevant parameters, and link them...
Persistent link: https://www.econbiz.de/10012481055
introduced. As a response, the firm trains in problem-solving skills and promotes lower- and mid-level employees to solve the …
Persistent link: https://www.econbiz.de/10014337815
In this paper we develop a model capturing key features of the Roy model, a search model, compensating differentials, and human capital accumulation on-the-job. We establish which features of the model can be non-parametrically identified and which can not. We estimate the model and use it to...
Persistent link: https://www.econbiz.de/10012456238
In the coming years, a substantial portion of Germany's workforce will retire, making it difficult for businesses to meet human capital needs. Training older workers may be a successful strategy for managing this demographic transition. This study examines relationships between establishment...
Persistent link: https://www.econbiz.de/10012456924