Showing 1 - 10 of 22
The Great Recession has indicated that firms' leverage and access to finance are important for hiring and firing decisions. It is now empirically established that bank lending is correlated to employment losses when credit conditions deteriorate. We provide further evidence of this drawing on a...
Persistent link: https://www.econbiz.de/10011093689
across sectors and occupations. Such low mobility can be explained by low returns to job changes as well as by market … generosity of unemployment benefits will not significantly boost outflows from the unemployment state. These findings support … explanations for low mobility in transitional economies, which are based on informational failures, and high costs of moving from …
Persistent link: https://www.econbiz.de/10005114168
A common explanation of low unemployment rates in the Czech Republic (CR) is the stance of active labour market … unemployment into employment. …
Persistent link: https://www.econbiz.de/10005791407
coexistence of strict employment security regulations, significant job-to-job shifts and high long-term unemployment rates in …
Persistent link: https://www.econbiz.de/10005791886
Employment protection legislations (EPL) are not enforced uniformly across the board. There are a number of exemptions to the coverage of these provisions: firms below a given threshold scale and workers with temporary contracts are not subject to the most restrictive provisions. This...
Persistent link: https://www.econbiz.de/10005661939
We model educational investment, wages and employment status (full-time, part-time or non-participation) in a frictional world in which heterogeneous workers have different productivities, both at home and in the workplace. We investigate the degree to which there might be under-employment and...
Persistent link: https://www.econbiz.de/10005123718
We use a quantile regression framework to investigate the degree to which work-related training affects the location, scale and shape of the conditional wage distribution. Human capital theory suggests that the percentage returns to training investments will be the same across the conditional...
Persistent link: https://www.econbiz.de/10005124003
We model educational investment and labour supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. Following Rosen (1983), we show that there are private increasing returns to education...
Persistent link: https://www.econbiz.de/10005497970
This paper considers optimal educational investment and labour supply with increasing returns to scale in the earnings function In so doing we develop the work of Rosen (1983), who first highlighted the increasing returns argument that arises because private returns to human capital investment...
Persistent link: https://www.econbiz.de/10005497988
We investigate two dimensions of investment in general human capital on-the-job: the number of workers trained and the intensity of training for each worker. In the benchmark case, we consider wage and training decisions made by firms in an imperfectly competitive labour market. The benchmark...
Persistent link: https://www.econbiz.de/10005498000