Narrow search
Showing 1 - 10 of 402
Cover Image
No education, no good jobs? Evidence from the relationship between education and labor market segmentation
Pagés, Carmen; Stampini, Marco - 2007
This paper assesses labor market segmentation across formal and informal salaried jobs and self-employment in three Latin American and three transition countries. It looks separately at the markets for skilled and unskilled labor, inquiring if segmentation is an exclusive feature of the latter....
Persistent link: https://www.econbiz.de/10010278304
Cover Image
High discounts and low fundamental surplus: An equivalence result for unemployment fluctuations
Mitra, Indrajit; Seo, Taeuk; Xu, Yu - 2021
Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they call the "fundamental surplus." However, their analysis ignores risk premia, a force that Hall (2017) shows is important in understanding unemployment fluctuations. We show how...
Persistent link: https://www.econbiz.de/10012818999
Cover Image
Is brain drain passé? The optimal timing of migration
Brezis, Elise S. - 2018
This paper sheds a new perspective on models of migration by integrating in a same structure the decisions about education and work; and by incorporating return migration with "brain waste". Brain waste is defined as the depreciation, due to migration, in the human capital acquired in the home...
Persistent link: https://www.econbiz.de/10012057424
Cover Image
How much work experience do you need to get your first job? The macroeconomic implications of bias against labor market entrants
Adhikari, Shisham; Geromichalos, Athanasios; … - 2023
where firms who match with entrant workers have to incur training costs. As a result, firms are biased against entrant …
Persistent link: https://www.econbiz.de/10014474502
Cover Image
Training intensity and first labor market outcomes of apprenticeship graduates
Euwals, Rob; Winkelmann, Rainer - 2003
The apprenticeship system is the most important source of formal post-secondary training in Germany. Using German … register data - the IAB Employment Sample - we find that apprentices staying with their training firm after graduation have … longer first-job durations but not higher wages than apprentices leaving the training firm. Retention rates, first job …
Persistent link: https://www.econbiz.de/10010315550
Cover Image
Personnel training: A theoretical and empirical review
Ericson, Thomas - 2005
This report provides an introduction to personnel training (on-the-job training) literature in the economics field …. Theoretical models dealing with the initiation of training programmes and their effects on pay at the individual level are … extent of personnel training in the EU and the United States. …
Persistent link: https://www.econbiz.de/10010317953
Cover Image
Gender and racial training gaps in Oregon apprenticeship programs
Berik, Günseli; Bilginsoy, Cihan; Williams, Larry S. - 2008
This paper uses micro data from Oregon to measure the gender and minority training gaps in apprenticeship training. Its … methodological innovation is the use of on-the-job training credit hours of exiting workers as the measure of the quantity of … training. Apprentices who started training between 1991 and 2002 are followed through 2007. Controlling for individual and …
Persistent link: https://www.econbiz.de/10010288087
Cover Image
Uninsurable individual risk and the cyclical behavior of unemployment and vacancies
Shao, Enchuan; Silos, Pedro - 2007
This paper is concerned with the business cycle dynamics in search-and-matching models of the labor market when agents are ex post heterogeneous. We focus on wealth heterogeneity that comes as a result of imperfect opportunities to insure against idiosyncratic risk. We show that this...
Persistent link: https://www.econbiz.de/10010292356
Cover Image
Nominal Wage Contracts, Aggregate and Firm-Specific Uncertainty – How High is the Private Gain from Indexation?
Laséen, Stefan - 2000
In this paper I investigate to what extent firm-specific uncertainty affects the gain from indexation. Earlier studies have tried to explain wage rigidity by arguing that insiders face little layoff risk due to employment fluctuations caused by aggregate shocks. However, this analysis abstracts...
Persistent link: https://www.econbiz.de/10010321744
Cover Image
Survey Evidence on Wage Rigidity and Unemployment: Sweden in the 1990s
Agell, Jonas; Lundborg, Per - 1999
This study reports the results from a repeat survey among managers in Swedish manufacturing, designed to explore how a severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998, when the unemployment rate was much higher, and the...
Persistent link: https://www.econbiz.de/10010321754