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Earnings-Tenure Profiles: Tests of Agency and Human Capital Theories Using Individual Performance Data
Kato, Takao; Dong, Xiao-Yuan; Jones, Derek C. - Institute for the Study of Labor (IZA) - 2007
policies in China. We find that again consistent with the agency view, earnings-tenure profiles are considerably steeper for … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … find that earnings-tenure profiles for employee owners are not upward-sloping but horizontal. In addition we find that pay-performance …
Persistent link: https://www.econbiz.de/10005822365
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Wage premia for newly hired employees: Theory and evidence
Kampkötter, Patrick; Sliwka, Dirk - 2011
We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...
Persistent link: https://www.econbiz.de/10010278590
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Occupational Mobility and Wage Inequality
Kambourov, Gueorgui; Manovskii, Iourii - 2004
increase in the variability of transitory earnings. …
Persistent link: https://www.econbiz.de/10010261938
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The Complementarity of Language and Other Human Capital: Immigrant Earnings in Canada
Chiswick, Barry R.; Miller, Paul W. - 2002
This paper analyzes the effects of language practice on earnings among adult male immigrants in Canada using the 1991 … Census. Earnings are shown to increase with schooling, pre-immigration experience and duration in Canada, as well as with … languages enhances the effects on earnings of schooling and pre-immigration labor market experience. Language proficiency and …
Persistent link: https://www.econbiz.de/10010262796
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Transferability of human capital and immigrant assimilation: an analysis for Germany
Basilio, Leilanie; Bauer, Thomas K. - 2010
This paper investigates the transferability of human capital across countries and the contribution of imperfect human capital portability to the explanation of the immigrant-native wage gap. Using data for West Germany, our results reveal that, overall, education and labor market experience...
Persistent link: https://www.econbiz.de/10010271804
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Worker productivity and wages: Evidence from linked employer-employee data
Lopes, Ana Sofia; Teixeira, Paulino - 2012
This study compares the determinants of productivity and wages at both firm and worker level. In the firm-level analysis, we follow Hellerstein, Neumark and Troske (1999) and provide improved estimates based on an extended set of covariates including the intensity of firm-provided training. In...
Persistent link: https://www.econbiz.de/10010291452
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Returns for entrepreneurs versus employees : the effect of education and personal control on the relative performance of entrepreneurs vis-a-vis wage employees
Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - 2009
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences … show furthermore that entrepreneurs have higher returns to education than employees (in terms of the comparable performance …
Persistent link: https://www.econbiz.de/10011379475
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The value of human and social capital investments for the business performance of start-ups
Bosma, Niels; Praag, Mirjam van; Thurik, Adriaan R.; … - 2002
effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival … founders, we conclude that specific investments indeed affect the three performance measures substantially and significantly …
Persistent link: https://www.econbiz.de/10011326404
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Comparative advantage, relative wages, and the accumulation of human capital
Teulings, Coen N. - 2002
I apply Ricardo’s principle of comparative advantage to a theory of factor substitutability in a model with a continuum of worker and job types. Highly skilled workers have a comparative advantage in complex jobs. The model satisfies the distance-dependent elasticity of substitution (DIDES)...
Persistent link: https://www.econbiz.de/10011327541
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Wage dispersion in Russia
Grogan, Louise Anne - 1997
This paper examines the extent to which human capital theory can explain observed wage differentialsin the Russian Federation. Wage and income dispersion have increased markedly in Russia in the sixyears since the transition began. Some studies conclude that this is an indicator that Russian...
Persistent link: https://www.econbiz.de/10010338457