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This paper considers training, mobility decisions and wages together to test for the specificity of human capital contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two ways. First, we examine the correlation between training...
Persistent link: https://www.econbiz.de/10003268555
At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled- biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....
Persistent link: https://www.econbiz.de/10011443321
The research area of the new economics of personnel has a short but important and insightful history. Theory ahead of measurement asks for testing newly developed human resource concepts. These tests often need detailed firm-specific data. Repetition and comparison of results is key in finding...
Persistent link: https://www.econbiz.de/10010261588
, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker …'s tenure relative to the tenure of her colleagues). We seek to explain these regularities by developing a dynamic model of the … to seniority in wages. Efficiency in hiring requires the workers' bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10010277117
criteria can ration visas on one or more characteristics that enhance labor market earnings (e.g., education), or on …
Persistent link: https://www.econbiz.de/10010262350
We investigate the relationship between the slope of the wage-tenure profile and the level of monitoring across two … a decline in the slope of the wage-tenure profile. Our empirical analysis provides strong support for this prediction. …
Persistent link: https://www.econbiz.de/10010276684
We estimate the wage effects of foreign direct investment (FDI) with universal firm-level and linked employer-employee panel data containing 4,926 foreign acquisitions in Hungary. Matching on pre-acquisition data and controlling for fixed effects for firms and detailed worker groups, we find...
Persistent link: https://www.econbiz.de/10010291431
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population … research explained why education enhances earnings; why earnings rise at a diminishing rate throughout one's life; why earnings … questions based on research emanating from Mincer's original earnings function specification. …
Persistent link: https://www.econbiz.de/10010268458
Equilibrium search theory suggests that the wage distribution in a cross section of workers is closely related to labor market transitions and associated wage changes. Accordingly, jobtojob transitions are central in explaining the wage distribution. This paper uses the IAB employment subsample...
Persistent link: https://www.econbiz.de/10003268564
This paper investigates the relationship between the gender wage gap, the choice of training occupation, and occupational mobility. We use longitudinal data for young workers with apprenticeship training in West Germany. Workers make occupational career choices early during their careers and...
Persistent link: https://www.econbiz.de/10003119297