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In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions in terms of technological creativity, population growth, and income per capita. We argue that superior institutions for the creation and dissemination of productive knowledge...
Persistent link: https://www.econbiz.de/10012995522
Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS … selection in who obtains an apprenticeship, and what type. In order to overcome the resulting ability bias we estimate returns … to apprenticeship training for apprentices in failed firms in Austria. When a firm fails, current apprentices cannot …
Persistent link: https://www.econbiz.de/10012776154
Much of the current discussion promoting apprenticeship programs in the U.S. proceeds as if it is simply a matter of … system of apprenticeship training. Many German firms face large net costs of apprenticeship training. Yet they continue to …
Persistent link: https://www.econbiz.de/10013223579
compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage … wages and union wage setting, are crucial in shaping the wage structure thus have an important impact on training. Our …
Persistent link: https://www.econbiz.de/10013321573
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that, in contrast to conventional wisdom that views early industrialization as a predominantly...
Persistent link: https://www.econbiz.de/10012962181
While human capital is a strong predictor of economic development today, its importance for the Industrial Revolution has typically been assessed as minor. To resolve this puzzling contrast, we differentiate average human capital (literacy) from upper-tail knowledge. As a proxy for the...
Persistent link: https://www.econbiz.de/10013052500
Endogenous growth models raise fundamental questions about the nature of human creativity, and the sorts of resources, skills, and knowledge inputs that shift the frontier of technology and production possibilities. Many argue that the nature of early British industrialization supports the...
Persistent link: https://www.econbiz.de/10013030073
In this handbook of labor economics chapter we examine the relationship between Human Resource Management (HRM) and productivity. HRM includes incentive pay (individual and group) as well as many non-pay aspects of the employment relationship such as matching (hiring and firing) and work...
Persistent link: https://www.econbiz.de/10013069842
The gap between black and white earnings is a longstanding feature of the United States labor market. Competing explanations attribute different weight to wage discrimination and access to human capital. Using new data on local school quality, we find that human capital played a predominant role...
Persistent link: https://www.econbiz.de/10012999983
conflicting with the hypothesis that increased skill-premium largely explains the observed increase in dispersion of male weekly …
Persistent link: https://www.econbiz.de/10012774934