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Black, Dan A.; Skipper, Lars; Smith, Jeffrey A. - 2023

Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm...

Persistent link: https://www.econbiz.de/10014290178

The impact of continuous training on a firm's innovations

Bauernschuster, Stefan; Falck, Oliver; Heblich, Stephan - 2008

implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …

Persistent link: https://www.econbiz.de/10010264329

Dynastic Human Capital, Inequality and Intergenerational Mobility

Adermon, Adrian - 2019

We study the importance of the extended family – the dynasty – for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents’ siblings and cousins, their spouses, and...

Persistent link: https://www.econbiz.de/10012871027

Fair Pension Policies with Occupation-Specific Aging

Grossmann, Volker; Schünemann, Johannes; Strulik, Holger - 2021

We discuss public pension systems in a multi-period overlapping generations model with gerontologically founded human aging and a special focus on occupation-specific morbidity and mortality. We examine how distinct replacement rates for white-collar and blue-collar workers and early retirement...

Persistent link: https://www.econbiz.de/10013219069

Taxing human capital efficiently: the double dividend of taxing non-qualified labour more heavily than qualified labour

Richter, Wolfram F. - 2006

Assuming decreasing returns to education and the endogenous supply of qualified and nonqualified labour it is shown to be efficient to supplement a consumption tax with positive incentives for education. If the return from education is isoelastic and if the choice is between (i) subsidizing the...

Persistent link: https://www.econbiz.de/10010264005

Redistribution or education?: the political economy of the social race

Bernasconi, Michele; Profeta, Paola - 2007

In an overlapping generations model with two social classes, rich and poor, parents of the different social classes vote on two issues: redistributive policies for them and education investments for their kids. Public education is the engine for growth through its effect on human capital; but it...

Persistent link: https://www.econbiz.de/10010264081

Endogenous skill formation and the source country effects of international labor market integration

Egger, Hartmut; Felbermayr, Gabriel - 2007

With endogenous skills and given technology, labor market integration necessarily lowers welfare of the left-behind in a poor sending country, even if all agents face identical emigration probabilities. This is in sharp contrast to the case of exogenous skill supply.

Persistent link: https://www.econbiz.de/10010264146

Imperfect transmission of tacit knowledge and other barriers to entrepreneurship

Kanniainen, Vesa; Poutvaara, Panu - 2007

entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with …

Persistent link: https://www.econbiz.de/10010264173

Efficient tax policy ranks education higher than saving

Richter, Wolfram F. - 2007

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient not to distort the choice of education. In general this implies distorting the saving decision. Hence a strict order of policy priority is derived. Efficient tax policy...

Persistent link: https://www.econbiz.de/10010264217

Managerial talent, motivation, and self-selection into public management

Delfgaauw, Josse; Dur, Robert - 2008

The quality of public management is a recurrent concern in many countries. Calls to attract the economy's best and brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions in the public and private sector, using a model of a...

Persistent link: https://www.econbiz.de/10010264466

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