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The Economics, Technology and Neuroscience of Human Capability Formation

Heckman, James J. - 2015

This paper begins the synthesis of two currently unrelated literatures: the human capital approach to health economics and the economics of cognitive and noncognitive skill formation. A lifecycle investment framework is the foundation for understanding the origins of human inequality and for...

Persistent link: https://www.econbiz.de/10014049108

Does Training Generally Work? The Returns to In-Company Training

Barrett, Alan; O'Connell, Philip J. - 2021

This paper applies the familiar theoretical distinction between general and specific training to the empirical task of estimating the returns to in-company training. Using a firm-level dataset which distinguishes between general and specific training, we test for the relative effects of the two...

Persistent link: https://www.econbiz.de/10013321428

Frictions and the Joint Behavior of Hiring and Investment

Yashiv, Eran - 2012

The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores their dynamic behavior in the presence of frictions. It does so within a unified framework, stressing their mutual dependence and placing the emphasis on their joint,...

Persistent link: https://www.econbiz.de/10013104684

Resource Allocation and Firm Scope

Friebel, Guido; Raith, Michael - 2021

We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but … leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the … integration or non-integration is optimal. Our theory thus provides a simple answer to Williamson's "selective …

Persistent link: https://www.econbiz.de/10013317478

Workplace Positive Actions, Trans People's Self-Esteem and Human Resources' Evaluations

Bozani, Vasiliki - 2019

This study provides empirical patterns regarding trans people's self-esteem-oriented reflections during observations of positive workplace actions. The case of a 2015 UK workplace guide is utilized to fulfil our aims. We adopt Rawls' political philosophy framework in order to evaluate whether...

Persistent link: https://www.econbiz.de/10012859743

Resource Misallocation in European Firms : The Role of Constraints, Firm Characteristics and Managerial Decisions

Gorodnichenko, Yuriy - 2018

Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...

Persistent link: https://www.econbiz.de/10012923225

Team Incentives : Evidence from a Firm Level Experiment

Bandiera, Oriana - 2012

Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce. Compared to individual incentives, team incentives can affect productivity by changing both workers' effort and team composition. We present evidence from a field experiment...

Persistent link: https://www.econbiz.de/10013111669

The Adoption and Diffusion of Organizational Innovation : Evidence for the U.S. Economy

Lynch, Lisa M. - 2014

Using a unique longitudinal representative survey of both manufacturing and non-manufacturing businesses in the United States during the 1990's, I examine the incidence and intensity of organizational innovation and the factors associated with investments in organizational innovation. Past...

Persistent link: https://www.econbiz.de/10012751889

Determinants of Further Training : Evidence for Germany

Grund, Christian - 2010

Based on a German representative sample of employees we explore the relevance and development of further training in private sector firms. We focus on formal training and explore possible individual and job-based determinants of its incidence. We also show changes over time during a 20 year...

Persistent link: https://www.econbiz.de/10013135987

Human Resources and Innovation : Total Factor Productivity and Foreign Human Capital

Fassio, Claudio - 2015

The objective of this paper is to analyse the role of migrants in innovation in Europe. We use Total Factor Productivity as a measure of innovation and focus on the three largest European countries – France, Germany and the United Kingdom – in the years 1994-2007. Unlike previous research,...

Persistent link: https://www.econbiz.de/10013013577