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Do all new brooms sweep clean? : evidence for outside bank appointments
Kick, Thomas; Nehring, Inge; Schertler, Andrea - 2017
Banks in bad financial shape are more likely to appoint executive directors from the outside than those in good shape. It is, however, not clear whether all of these appointments necessarily lead to the desired turnaround. We analyze the performance effects of new board members with external...
Persistent link: https://www.econbiz.de/10011722661
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Regional favoritism and human capital accumulation in Africa
Asatryan, Zareh; Baskaran, Thushyanthan; Hufschmidt, Patrick - 2021
We study the long-run implications of regional and ethnic favoritism in Africa. Combining geocoded individual-level survey data from the Demographic and Health Survey (DHS) with data on national leaders’ birthplaces across 41 African countries, we explore the educational attainment of adults...
Persistent link: https://www.econbiz.de/10012492849
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Human capital creates insider power
Muysken, John; Zwick, Thomas - 1999
This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...
Persistent link: https://www.econbiz.de/10013428249
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Transitions from offline to online labor markets : the relationship between freelancers' prior offline and online work experience
Seifried, Mareike - 2021
An emerging stream of research from various disciplines studies online labor market (OLM) platforms as an alternative way of accomplishing work compared to traditional (offline) labor markets. Although prior work has increased our understanding of how OLM platforms function, we so far know very...
Persistent link: https://www.econbiz.de/10012793667
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Career paths in online labor markets : same, same but different?
Seifried, Mareike; Jurowetzki, Roman; Kretschmer, Tobias - 2020
The emergence of online labor markets calls the validity of traditional career models into question. Given the volatility and digital nature of this environment, short-term employment relationships and heterogeneity of workers, employers and tasks in these markets, it is unclear how careers...
Persistent link: https://www.econbiz.de/10012392718
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Determinants of work-related training : an investigation of observed and unobserved firm-, job- and worker-heterogeneity
Steffes, Susanne; Warnke, Arne Jonas - 2019
One of the most important policy goals in industrialized countries is to increase the skill level of the labor force by life-long-learning strategies. In this paper our aim is to explain to what extent the variation in training investments is determined either by (observed and unobserved)...
Persistent link: https://www.econbiz.de/10012014276
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Socio-economic status and inequalities in children's IQ and economic preferences
Falk, Armin; Kosse, Fabian; Pinger, Pia; … - 2019
investment process. Our results indicate that disparities in the level of parental investments hold substantial importance for …
Persistent link: https://www.econbiz.de/10012034138
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Intergenerational mobility and self-selection of asylum seekers in Germany
Kolb, Michael; Neidhöfer, Guido; Pfeiffer, Friedhelm - 2019 - This version, 13 June 2019
We exploit a novel survey of recently arrived asylum seekers in Germany in order to estimate the degree of intergenerational mobility in education among refugees and compare it to the educational mobility of similar-aged individuals in their region of origin. The findings show that the refugees...
Persistent link: https://www.econbiz.de/10012034744
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Working life and human capital investment : causal evidence from pension reform
Gohl, Niklas; Haan, Peter; Kurz, Elisabeth; Weinhardt, Felix - 2019
In this paper we present a life-cycle model with human capital investment during working life through training and … provide a novel empirical test of human capital theory. Using a sizable pension reform which shifts the retirement age between … two adjacent cohorts by three years, we document causal evidence that an increase in the working life increases investment …
Persistent link: https://www.econbiz.de/10012139004
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The effect of bank shocks on firm-level and aggregate investment
Amador, João; Nagengast, Arne J. - 2016
We show that credit supply shocks have a strong impact on firm-level as well as aggregate investment by applying the … are found to impair firm-level investment in all firms in our sample, but in particular for small firms and those with no … 20–40% of aggregate investment dynamics. …
Persistent link: https://www.econbiz.de/10011495499