This paper examines spillover effects from education at the firm level, separating the effects for different levels and types of education and allowing for a curvilinear relationship. Modeling a Cobb-Douglas production function, we show that wages of tertiary-educated workers depend positively...

Mobility and flexibility is increasingly demanded as structural change challenges established educational systems and traditional occupational demarcations. We use Lazear's skill-weights approach (2003) first to operationalize the degree of specificity of skill combinations in an innovative...

Using the Swiss Graduate Survey, we study how the type of tertiary education an individual chooses (i.e., vocational or academic) influences career entry and labor market success after graduation. Our results show that vocational graduates face less risky career entry than academic graduates....

This paper considers whether listed companies with dispersed ownership invest less in training than do other firms, as part of a short-termist stance caused by pressure from the stock market. An analytical framework that supports the proposition involves three factors: high agency costs between...

Previous studies on employer-provided training have consistently shown a gap in training participation between part-time and full-time workers. This study examines whether the training disadvantage for part-time workers differs by gender. To capture the uncertainty in the firm's training...