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Empirical work on continuing training in Germany provides surprisingly divergent evidence on the incidence of training …
Persistent link: https://www.econbiz.de/10003314706
Persistent link: https://www.econbiz.de/10001774206
This paper addresses the puzzle how employers that invest in general human capital can gain an information advantage with respect to the ability of their employees when training is certified by credible external institutions. We apply an established model from the employer-learning literature...
Persistent link: https://www.econbiz.de/10011316529
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003728424
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591
In this paper we use a simple bureaucracy model of fiscal illusion to analyze the impact of intergovernmental grants on the cost effciency of local jurisdictions. We find that a higher degree of redistribution within a system of fiscal equalization or an increase in the amount of grants received...
Persistent link: https://www.econbiz.de/10003728661
In der folgenden Studie möchten wir ausgewählte Aspekte von intra- und intergenerationalen Umverteilungseffekten im System der bundesdeutschen Alterssicherung auf der Basis der Humankapitalheorie mit Simulationsmethoden analysieren. Falls es das Ziel der Politik ist, die Ungleichheit des...
Persistent link: https://www.econbiz.de/10003650247
innovative technology within this trajectory. As for the diffusion of SC, the paper concentrates on Germany, USA, China and Japan … Germany in terms of regulation. In the near future, demand advantages will switch to China. This supports also the hypothesis …
Persistent link: https://www.econbiz.de/10003745105
Germany in the time period 1985-2002. Returns to education are estimated using Mincer equations. We analyze microcensus data … first time for Germany in such detail. The data indicate an educational expansion, especially for women in West Germany … degree subjects in West than in East Germany, especially for women. …
Persistent link: https://www.econbiz.de/10002681891
throughout the years 1992{2001. Wage dispersion has generally been rising. The increase was more pronounced in East Germany and … Germany, but changes in the characteristics captured better parts of the observed wage changes over time. …
Persistent link: https://www.econbiz.de/10003328086