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our framework. The results highlight the significant role of collective human capital and voluntary turnover in the …
Persistent link: https://www.econbiz.de/10014581054
This paper surveys the emerging economics literature on the relationship between employee training and firm performance. Most studies find very high returns to training, at least from the perspective of firms, indicating that the costs of training can be recouped in short periods of time. These...
Persistent link: https://www.econbiz.de/10012815729
As work changes, firm-provided training may become more relevant for good economic and social outcomes. However, so far there is little or no causal evidence about the effects of training on firms. This paper studies a large training grants programme in Portugal, contrasting successful firms...
Persistent link: https://www.econbiz.de/10012174393
Criteria used in hiring workers often do not reflect the skills required on the job. By comparing trainee performance for newly hired workers conditional on competitive civil service examination scores for hiring French public sector workers, we test whether women and men with the same civil...
Persistent link: https://www.econbiz.de/10012493830
We uniquely examine the relationship between firm-sponsored training and product quality competition. Using an oligopolistic model of both price and quality competition, we show that an increase in the sensitivity of demand to product quality will strengthen firms’ incentives to train their...
Persistent link: https://www.econbiz.de/10012120926
In this paper, we use the Chinese General Social Survey data (2010-2017) to analyse the returns to different education qualifications. We additionally compare the returns to vocational education with returns to academic education, at both the upper secondary level and the tertiary level....
Persistent link: https://www.econbiz.de/10012803545
Technological change and its impacts on labour markets are a much-discussed topic in economics. Economists generally assume that new technology penetrating the labour market shifts firms' task demand. Given individuals' acquired and supplied skills, these task demand shifts potentially foster...
Persistent link: https://www.econbiz.de/10012152214
In this paper, we use the Chinese General Social Survey data to analyse the returns to upper secondary vocational education in China. To address possible endogeneity of vocational training due to omitted heterogeneity, we construct a novel instrumental variable using the proportion of tertiary...
Persistent link: https://www.econbiz.de/10012533833
As China's firms upgrade their position in the quality ladder, vocational education may become more important. In this paper, we study returns to secondary vocational education in China paying attention to individual heterogeneity. We use instrumental variables based on geographical and...
Persistent link: https://www.econbiz.de/10012175860
I review trends in migration to the UK since the Brexit referendum, examining first the sharp fall in net migration from the EU that resulted, and then the recent more dramatic exodus of foreign-born residents during the covid-19 pandemic. I describe the new post-Brexit system, and review...
Persistent link: https://www.econbiz.de/10012520561