Showing 1 - 7 of 7
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10005016812
We here ask whether sports participation at school is positively correlated with adult labour-market outcomes. There are many potential channels for this effect, although, as usual, identifying a causal relationship is difficult. We appeal to two widely-separated waves of Add Health data to map...
Persistent link: https://www.econbiz.de/10010722842
This paper creates a pseudo cohort of individuals who left school in the mid-1990s, usingLabour Force Survey. The extent of low achievement at school amongst this group isdocumented, and then the impact of such low achievement on labour force status is estimated.The main focus of the paper is...
Persistent link: https://www.econbiz.de/10005797155
This paper uses recent data from the UK Labour Force Survey to estimate the wage gains thatindividuals make on average if they complete an apprenticeship programme. The resultssuggest gains of around 5-7% for men, but no benefit for women. Further analysis extendsthe results by considering the...
Persistent link: https://www.econbiz.de/10005797208
Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …
Persistent link: https://www.econbiz.de/10005151051
innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed …
Persistent link: https://www.econbiz.de/10005670637
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010655943