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Effects of Welfare Reform on Vocational Education and Training
Dave, Dhaval M. - 2011
Exploiting variation in welfare reform across states and over time and using relevant comparison groups, this study estimates the effects of welfare reform on an important source of human capital acquisition among women at risk for relying on welfare: vocational education and training. The...
Persistent link: https://www.econbiz.de/10012461998
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Beyond Becker : Training in Imperfect Labor Markets
Acemoglu, Daron; Pischke, Jörn-Steffen - 1998
In this paper, we survey non-competitive theories of training. With competitive labor markets, firms never pay for investments in general training, whereas when labor markets are imperfect, firm-sponsored training arises as an equilibrium phenomenon. We discuss a variety of evidence which...
Persistent link: https://www.econbiz.de/10012472074
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Task Allocation and On-the-job Training
Baccara, Mariagiovanna; Lee, SangMok; Yariv, Leeat - National Bureau of Economic Research - 2021
We study dynamic task allocation when providers' expertise evolves endogenously through training. We characterize optimal assignment protocols and compare them to discretionary procedures, where it is the clients who select their service providers. Our results indicate that welfare gains from...
Persistent link: https://www.econbiz.de/10012629532
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The Dynamics and Spillovers of Management Interventions : Evidence from the Training Within Industry Program
Bianchi, Nicola; Giorcelli, Michela - National Bureau of Economic Research - 2021
This paper examines the long-term and spillover effects of management interventions on firm performance. Under the Training Within Industry (TWI) program, the U.S. government provided management training to firms involved in war production between 1940 and 1945. Using a newly collected panel...
Persistent link: https://www.econbiz.de/10012533382
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The Power of Proximity to Coworkers : Training for Tomorrow or Productivity Today?
Emanuel, Natalia; Harrington, Emma; Pallais, Amanda - National Bureau of Economic Research - 2023
Amidst the rise of remote work, we ask: what are the effects of proximity to coworkers? We find being near coworkers has tradeoffs: proximity increases long-run human capital development at the expense of short-term output. We study software engineers at a Fortune 500 firm, whose main campus has...
Persistent link: https://www.econbiz.de/10014437011
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Central Banks : Evolution and Innovation in Historical Perspective
Bordo, Michael D. - 2017
Central banks have evolved for close to four centuries. This paper argues that for two centuries central banks caught up to the strategies followed by the leading central banks of the era; the Bank of England in the eighteenth and nineteenth centuries and the Federal Reserve in the twentieth...
Persistent link: https://www.econbiz.de/10012453864
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Anomalies Abroad : Beyond Data Mining
Lu, Xiaomeng - 2017
, Germany, Japan, and the U.K. All of the anomalies are consistently significant across these five countries, whose developed …
Persistent link: https://www.econbiz.de/10012453902
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CEO Behavior and Firm Performance
Bandiera, Oriana - 2017
We measure the behavior of 1,114 CEOs in six countries parsing granular CEO diary data through an unsupervised machine learning algorithm. The algorithm uncovers two distinct behavioral types: "leaders" and "managers". Leaders focus on multi-function, high-level meetings, while managers focus on...
Persistent link: https://www.econbiz.de/10012455433
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A Head-to-Head Comparison of Augmented Wealth in Germany and the United States
Bönke, Timm - 2017
and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of … household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between … Germany, augmented wealth (US$651,000) is only 1.4 times higher. Further, the inclusion of pension wealth in household wealth …
Persistent link: https://www.econbiz.de/10012455437
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How Information Affects Support for Education Spending : Evidence from Survey Experiments in Germany and the United States
West, Martin R. - 2016
preferences by implementing parallel survey experiments in Germany and the United States. In both countries, support for increased …
Persistent link: https://www.econbiz.de/10012455872