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Today, as India treads the path of becoming a knowledge economy, we face a paradox of intensifying skill shortages coupled with unemployment or underemployment among highly educated workers. While a shortage of skills (or under-education) is definitely a cause of concern, surplus education (or...
Persistent link: https://www.econbiz.de/10012099535
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
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
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
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
In this paper, we study how increasing the cognitive demands of multitasking affects time preferences. The novelty of … this paper is that it studies how time perception mediates the effect of multitasking on time preferences. Results from … of multitasking on time preferences. We also shed light on whether the observed relationship between time preferences and …
Persistent link: https://www.econbiz.de/10013208852
The objective of this paper is to develop an optimal incentive system for multitaskingscientists in universities or professors under repeat contracting. With the aid of a principalagentmodel under repeat contracting, we show that (i) when a second task is assigned to aprofessor and the two tasks...
Persistent link: https://www.econbiz.de/10009305068
We conducted a randomized field experiment to examine how workers respond to wage cuts, and whether their response depends on the wages paid to coworkers. Workers were assigned to teams of two, performed identical individual tasks, and received the same performance-independent hourly wage....
Persistent link: https://www.econbiz.de/10010316865
In Europe, accounting standards prevent larger expenditures on employer-sponsored training from being treated as … investments. Using Sweden as example, we discuss two consequences for training. <p> First, the timing: training will be conducted … when income is large enough for training costs to be deducted without loss. This is more often possible during booms than …
Persistent link: https://www.econbiz.de/10010321021
We report results from a laboratory experiment that explores the effects of preference communication and leader selection mechanisms in group decision-making. In a setting where all members of a group get the same payoff based on the group leader's decision of how much risk to take, we study the...
Persistent link: https://www.econbiz.de/10010500256