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Beyond Becker : Training in Imperfect Labor Markets

Acemoglu, Daron - 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

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

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

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

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

Living Up to Expectations : Central Bank Credibility, the Effectiveness of Forward Guidance, and Inflation Dynamics Post-Global Financial Crisis

Cole, Stephen J.; Martínez-García, Enrique; Sims, Eric R. - National Bureau of Economic Research - 2023

and affects the overall effectiveness of forward guidance. We find that the central banks of the U.S., the U.K., Germany …

Persistent link: https://www.econbiz.de/10014421202

The Household Equipment Revolution

Adamopoulou, Effrosyni; Greenwood, Jeremy; Guner, Nezih - National Bureau of Economic Research - 2024

A brief historical overview of the household equipment revolution and the women who transformed the home in Germany and …

Persistent link: https://www.econbiz.de/10014512107

The Incentive for Working Hard : Explaining Hours Worked Differences in the U.S. and Germany

Bell, Linda A. - 2000

This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...

Persistent link: https://www.econbiz.de/10012470681

The Changing Structure of Wages in the US and Germany : What Explains the Differences?

Beaudry, Paul - 2000

Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while … files from the PSID (US) and the GSOEP (Germany), we demonstrate how factor movements within these countries are associated … capital over the 1979-96 period, while Germany accumulated factors in a more balanced manner …

Persistent link: https://www.econbiz.de/10012471064

Derivatives Usage in Risk Management by US and German Non-Financial Firms : A Comparative Survey

Bodnar, Gordon M. - 1998

be driven by the greater importance of financial accounting statements in Germany than the US and stricter German …

Persistent link: https://www.econbiz.de/10012472108