Similar Search Results

Effektive Steuerbelastungen bei Vorliegen ökonomischer Renten

Schreiber, Ulrich; Spengel, Christoph; Lammersen, Lothar - 2001

effective marginal tax rates and thus can show whether an investment is favoured or discriminated against by a simple comparison …

Persistent link: https://www.econbiz.de/10013428409

No teens, no tech : how shortages of young workers hinder firm technology investments

Lipowski, Cäcilia - 2024

Firms in developed countries face increasing shortages of young workers. This paper studies the importance of young workers, particularly vocational trainees, for firm technology investments. Leveraging exogenous variation in trainee supply caused by an education reform in Germany in 2001, I...

Persistent link: https://www.econbiz.de/10015271321

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

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

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

Corporate finance and restructuring: evidence from Central and Eastern Europe

Köke, F. Jens; Salem, Tanja - 2000

productivity, mainly because of too high employment levels. According to economic theory, the corporate capital structure can be an … suggests that there is room for creditors to fulfill their role in corporate governance. On the other hand, investment is …

Persistent link: https://www.econbiz.de/10013428317

When the minimum wage really bites hard : impact on top earners and skill supply

Gregory, Terry; Zierahn-Weilage, Ulrich - 2020

effect and provide empirical support for our theory. …

Persistent link: https://www.econbiz.de/10012285605

Wage divergence and unemployment : the impact of insider power and training costs

Muysken, Joan - 2000

The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...

Persistent link: https://www.econbiz.de/10013428334

Selection into entrepreneurship and self-employment

Levine, Ross; Rubinstein, Yona - 2020

Persistent link: https://www.econbiz.de/10012486554

Working life and human capital investment : causal evidence from pension reform

Gohl-Greenaway, Niklas; Haan, Peter; Kurz, Elisabeth; … - 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