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Jacob Mincer, Experience and the Distribution of Earnings

Chiswick, Barry R. - 2003

This paper reviews Jacob Mincer?s contributions to the analyses of earnings and the distribution of earnings through … theoretical literature on the distribution of earnings in the pre-Mincer period, and then discusses his analysis of human capital … and earnings developed in his 1957 doctoral dissertation and 1958 Journal of Political Economy (JPE) article. Further …

Persistent link: https://www.econbiz.de/10010261574

Firm-Sponsored General Training in Frictional Labour Markets : An Empirical Analysis for Switzerland

Gerfin, Michael - 2004

According to the classical human capital theory general training is entirely financed by workers. This prediction is at odds with the empirical evidence. This observation inspired new theoretical models of training in frictional labour market. These frictions create incentives for firms to...

Persistent link: https://www.econbiz.de/10010261838

Education Driving the Rise in Dutch Female Employment: Explanations for the Increase in Part-time Work and Female Employment in the Netherlands, Contrasted with Germany

Schettkat, Ronald; Yocarini, Lara - 2001

Over the last 15 years, the Netherlands has experienced a tremendous jobs boom, mainly in services and female employment. This has often been related to changes in the Dutch institutional environment. Using a model which allows for direct utility of work, we find that institutional arrangements...

Persistent link: https://www.econbiz.de/10010262608

The role of sectoral growth patterns in labor market development

Arias-Vazquez, Francisco Javier; Lee, Jean Nahrae; … - 2012

This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...

Persistent link: https://www.econbiz.de/10010289844

Interpreting Europe and US Labor Markets Differences: The Specificity of Human Capital Investments

Wasmer, Etienne - 2002

This paper suggests that in the US context, workers tend to invest in general human capital especially since they face little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration of jobs) favors specific human capital investments....

Persistent link: https://www.econbiz.de/10010262696

A Product Market Theory of Worker Training

Gersbach, Hans; Schutzler, Armin - 2001

We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others? trained employees and finally engage in imperfect product market...

Persistent link: https://www.econbiz.de/10010262533

Ethnic competition and specialization

Kahanec, Martin - 2007

Are ethnic specialization and thus a downward sloping labor demand curve fundamental features of labor market competition between ethnic groups? In a general equilibrium model, this paper argues that spillover effects in skill acquisition and social distances between ethnic groups engender...

Persistent link: https://www.econbiz.de/10010268355

Human capital externalities with monopsonistic competition

Kaas, Leo - 2008

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions.

Persistent link: https://www.econbiz.de/10010268776

Human Capital Policy

Carneiro, Pedro; Heckman, James Joseph - 2003

This paper considers alternative policies for promoting skill formation that are targeted to different stages of the life cycle. We demonstrate the importance of both cognitive and noncognitive skills that are formed early in the life cycle in accounting for racial, ethnic and family background...

Persistent link: https://www.econbiz.de/10010274200

Firm-Specific Human Capital: A Skill-Weights Approach

Lazear, Edward P. - 2003

investment that could generate the sometimes observed large and continuing effects on earnings. Another approach, called the … aesthetic appeal, but is consistent with the frequently observed large tenure effects. All of the implications of the …

Persistent link: https://www.econbiz.de/10010261549

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