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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

How general is human capital? A task-based approach

Gathmann, Christina; Schönberg, Uta - 2007

This paper studies how portable skill accumulated in the labor market are. Using rich data on tasks performed in occupations, we propose the concept of task-specific human capital to measure the transferability of skills empirically. Our results on occupational mobility and wages show that labor...

Persistent link: https://www.econbiz.de/10010268280

Job search, human capital and wage inequality

Carrillo-Tudela, Carlos - 2012

The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...

Persistent link: https://www.econbiz.de/10010290001

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

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

Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees

van Praag, C. Mirjam; van Witteloostuijn, Arjen; van … - 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/10010277025

Jacob Mincer, Experience and the Distribution of Earnings

Chiswick, Barry R. - 2003

This paper reviews Jacob Mincer?s contributions to the analyses of earnings and the distribution of earnings through … theoretical literature on the distribution of earnings in the pre-Mincer period, and then discusses his analysis of human capital … and earnings developed in his 1957 doctoral dissertation and 1958 Journal of Political Economy (JPE) article. Further …

Persistent link: https://www.econbiz.de/10010261574

Migration, the quality of the labour force and economic inequality

Kahanec, Martin; Zimmermann, Klaus F. - 2008

Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...

Persistent link: https://www.econbiz.de/10010268676

Returns to Human Capital under the Communist Wage Grid and During the Transition to a Market Economy

Terrell, Katherine; Svejnar, Jan; Münich, Daniel - 2000

Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. We use data from the Czech Republic because it...

Persistent link: https://www.econbiz.de/10010275906

Employee Training and Wage Compression in Britain

Almeida-Santos, Filipe; Mumford, Karen - 2004

recognised vocational qualification and current union membership. Whilst being non-white, shorter current job tenure, and part …

Persistent link: https://www.econbiz.de/10010261946

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