We test Krugman’s (1991) notion of risk sharing in pooled labor markets as one of the micro-foundations of agglomeration economies, i.e. we examine whether firms share risks from idiosyncratic and sector specific shocks through labor pooling. Estimating wage functions we find that job turnover...

Nicht nur der höchste berufsqualifizierende Abschluss - wie oft angenommen - sondern der gesamte Bildungspfad wirkt sich auf den Erfolg im weiteren Erwerbsleben aus. Im Projekt wird die individuelle Zusammensetzung von Bildungskarrieren und deren Auswirkungen im Erwerbsverlauf untersucht....

Ein gesetzlicher Mindestlohn erzeugt Träume. Positiv sieht er so aus: jede arbeitende Person verdient genug, um aus eigener Kraft einen angemessenen Lebensstandard zu erreichen. Negativ so: Arbeitskräfte, deren Produktivität unterhalb des Mindestlohnes liegt, werden arbeitslos. Die zentrale...

Inspired by the literature on the importance of local career networks for the quality of labor market matches we investigate whether human capital externalities arise from higher job matching efficiency in skilled regions. Using two samples of highly qualified workers in Germany, we find that...

Bridging the gap between the literatures on industrial change and human capital externalities we investigate the complementarity between aggregate regional education and job turnover. On the level of regional industries in Germany we find strong evidence for such complementarity. Thus, regional...

The paper sheds light on the impact of local human capital endowments on individual wages in Western Germany. Using panel data it shows that regional wage differentials are partly attributable to localized human capital externalities arising from the regional share of highly qualified workers....

Inspired by the literature on the role of local career networks for the quality of labor market matches we investigate whether human capital externalities arise from a higher job matching efficiency in skilled regions. Using two samples of highly qualified workers in Germany we find that an...

In Deutschland absolvieren etwa ein Viertel aller Personen mindestens zwei Berufsbildungsschritte. Im Zuge der Analyse steht die Frage im Mittelpunkt, welche Faktoren die Wahl einer Mehrfachqualifikation bedingen. Dabei wird vor allem auf den Einfluss vorangegangener Bildungsentscheidungen...

The paper sheds light on the impact of spatial agglomeration of human capital on individual wages in Western Germany. Using panel data it shows that regional wage differentials are to a large extent attributable to localized human capital externalities arising from the regional share of highly...

The paper sheds light on the impact of spatial agglomeration of human capital on individual wages in Western Germany. Using panel data it shows that regional wage differentials are to a large extent attributable to localized human capital externalities arising from the regional share of highly...