Showing 1 - 10 of 1,718
Using German establishment data, this paper examines the relationship between product market competition and the extent … of employer provided training. We demonstrate that high product market competition is associated with increased training … except when the competition is so severe as to threaten liquidation to a firm. We take this as evidence of an inverted U …
Persistent link: https://www.econbiz.de/10011735905
The formation of human capital is important for a society's welfare and economic success. Recent literature shows that child health can provide an important explanation for disparities in children's human capital development across different socio-economic groups. While this literature focuses...
Persistent link: https://www.econbiz.de/10009307391
collective bargaining in Germany, a phenomenon that has been hailed as key to that nation's economic resurgence. Yet little is …
Persistent link: https://www.econbiz.de/10011333569
, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform. …
Persistent link: https://www.econbiz.de/10010246655
financing systems aimed at increasing the competition between universities by making their pubic funds dependent on their … increased competition between universities causes grade inflation. -- grade inflation ; higher education funding ; university … competition …
Persistent link: https://www.econbiz.de/10009516880
in industries and regions with low barriers to entry. This is particularly the case in East Germany, where the perceived … threat of low-wage competition from Central and Eastern European Countries is relatively high. In addition, firms paying … is high. -- minimum wage ; product market competition ; service sector …
Persistent link: https://www.econbiz.de/10009536582
We present theoretical and empirical evidence challenging results from early studies that found unions were detrimental to workplace innovation. Under our theoretical model, which extends the Cournot duopoly innovation model, local union wage bargaining is more conducive to innovation -...
Persistent link: https://www.econbiz.de/10012179608
(2000) testing for endogenous competition among job seekers in a matching framework, is replicated with a richer and more … accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework … is augmented by endogenous strategic hiring behavior on the side of vacancyposting firms. Neglecting job competition, the …
Persistent link: https://www.econbiz.de/10011402624
In the Covid-19 crisis, most OECD countries use short-time work schemes (subsidized working time reductions) to preserve employment relationships. This paper studies whether short-time work can save jobs through stabilizing aggregate demand in recessions. We build a New Keynesian model with...
Persistent link: https://www.econbiz.de/10012517675
There is a debate on whether executive pay reflects rent extraction due to "managerial power" or is the result of arms-length bargaining in a principal-agent framework. In this paper we offer a test of the managerial power hypothesis by empirically examining the CEO compensation of U.S. public...
Persistent link: https://www.econbiz.de/10003779098