This paper examines spillover effects from education at the firm level, separating the effects for different levels and types of education and allowing for a curvilinear relationship. Modeling a Cobb-Douglas production function, we show that wages of tertiary-educated workers depend positively...

This paper introduces the research concept of the Swiss Leading House on Economics of Education, Firm Behaviour and Training Policies.

This paper investigates the effect of financial incentives on student performance and analyzes for the first time how the incentive effect in education is moderated by students’ risk and time preferences. To examine this interaction we use a natural experiment that we combine with data from...

Companies face competitive advantages or disadvantages depending on a country’s national institutional setting. The question is whether and how companies with highly similar product markets and technologies are able to stay competitive if they are located in disadvantaged national...

This paper examines whether high quality, curriculum-based training at the workplace makes firms more innovative. Our dependent variable innovativeness is operationalized with four different measures: general innovation, product innovation, process innovation and patent applications. As...

Dieser Beitrag versucht die Professionalität von Lehrenden aus bildungsökonomischer Perspektive greifbar zu machen und die wichtigsten ökonomisch relevanten Studien und Ergebnisse zu diesem Themengebiet vorzustellen. So wird zum einen die Selektion und Motivation des Lehrers beleuchtet, die...

We empirically investigate the joint training decisions of workers and firms. The aim of our study is to learn how various cost components affect workers’ (non-)participation in training. In particular, we separately consider monetary and non-monetary training costs, which is possible thanks...

Previous research on educational decisions has almost exclusively focused on individual decisions to start a particular education. At the same time, the decision to revise an educational choice has hardly been analyzed, unless it is the decision to drop out. However, dropping out is only one...

Apprenticeship training in Germany is generally considered to be an investment of companies into the human capital of their apprentices. This view is mainly based on the German cost benefit studies which testify training firms high net costs for their apprenticeships, but these results have not...

This paper investigates the rates of return and the risks of different types of educational paths after compulsory education. We distinguish a purely academic educational path from a purely vocational path and a mixed path with loops through both systems. To study the labor market outcome we...