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The biocultural origins of human capital formation
Galor, Oded; Klemp, Marc P. B. - 2014
This research explores the biocultural origins of human capital formation. It presents the first evidence that moderate fecundity and thus predisposition towards investment in child quality was conducive for long-run reproductive success within the human species. Using an extensive genealogical...
Persistent link: https://www.econbiz.de/10010403448
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Partial insurance and investments in children
Carneiro, Pedro; Ginja, Rita - 2015
partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …
Persistent link: https://www.econbiz.de/10010510508
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The firing cost implications of alternative severance pay designs
Parsons, Donald O. - 2010
) severance insurance plans or (ii) severance savings plans is important; savings plans have no "firing cost" effects on employer … layoff decisions. The firing cost implications of insurance plan are sensitive to the types of job separations that qualify a …
Persistent link: https://www.econbiz.de/10003968599
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Human capital risk, contract enforcement, and the macroeconomy
Krebs, Tom; Kuhn, Moritz; Wright, Mark L. J. - 2015
due to the limited pledgeability of human capital. We show analytically that, consistent with the life insurance data, in … account for the life-cycle variation of life-insurance holdings, financial wealth, earnings, and consumption inequality … insurance. …
Persistent link: https://www.econbiz.de/10011308568
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Wage risk, employment risk and the rise in wage inequality
Mecikovsky, Ariel Matias; Wellschmied, Felix - 2016
We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...
Persistent link: https://www.econbiz.de/10011595910
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The rise and fall of the "Normalarbeitsverhältnis" in Germany
Pierenkemper, Toni - 2009
create a social insurance system, to protect working people against basic risks. Finally, workers' and entrepreneurs … anachronistic and obsolete. -- Economic history ; standard employment ; Germany …
Persistent link: https://www.econbiz.de/10003825120
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Der vormoderne Allokationsprozess von Arbeit in Deutschland
Pierenkemper, Toni; Kendzia, Michael J. - 2010
The paper provides a historical overview of the pre-modern allocation of work within the territory of the later Germany from the 18th until the middle of the 19th century. We explore how the social allocation of work during the feudal system took place and trace back the development of wage...
Persistent link: https://www.econbiz.de/10003968435
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Employer preferences and social policy : business and the development of job security regulations in Germany since World War I
Emmenegger, Patrick; Marx, Paul - 2010
This article examines the role of business in the historical development of job security regulations in Germany from their creation in the inter-war period to the dawn of the crisis of the 'German Model' in the 1980s. It contrasts the varieties of capitalism approach, which sees business as...
Persistent link: https://www.econbiz.de/10003986342
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The evils of forced migration : do integration policies alleviate migrants' economic situations?
Falck, Oliver; Heblich, Stephan; Link, Susanne - 2011
Armed conflicts, natural disasters and infrastructure projects continue to force millions into migration. This is especially true for developing countries. After World War II, about 8 million ethnic Germans experienced a similar situation when forced to leave their homelands and settle within...
Persistent link: https://www.econbiz.de/10009310062
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Hours and wages in the depression : British engineering, 1926-1938
Hart, Robert A. - 2000
On their intensive margins, firms in the British engineering industry adjusted to the severe falls in demand during the 1930s Depression by cutting hours of work. This provided an important means of reducing labour input and marginal labour costs, through movements from overtime to short-time...
Persistent link: https://www.econbiz.de/10011325987