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We provide the first estimates of the impact of managers' risk preferences on their training allocation decisions. Our conceptual framework links managers' risk preferences to firms' training decisions through the bonuses they expect to receive. Risk-averse managers are expected to select...
Persistent link: https://www.econbiz.de/10012820689
Persistent link: https://www.econbiz.de/10013161788
The influence of risk aversion on the decision to become self-employed is a much discussedtopic in the entrepreneurial literature. Conventional wisdom asserts that the role model of anentrepreneur requires to make risky decisions in uncertain environments and hence thatmore risk-averse...
Persistent link: https://www.econbiz.de/10005869676
We provide the first estimates of the impact of managers' risk preferences on their training allocation decisions. Our conceptual framework links managers' risk preferences to firms' training decisions through the bonuses they expect to receive. Risk-averse managers are expected to select...
Persistent link: https://www.econbiz.de/10013405955
Recent years have brought growing evidence for an increasing labour demand for high skilled and a deterioration of the labour position of less skilled employees. The two most common explanations for this finding are an increasing international trade and a skill biased technological change....
Persistent link: https://www.econbiz.de/10011412865
estimate the impacts of ALMP in Germany for the time period 1999-2001 with regional data of 175 labour office districts. Due to … accounts especially for the inherent simultaneity problem of ALMP. For West Germany we find positive effects of vocational … training and job creation schemes on the labour market situation, whereas the results for East Germany do not allow profound …
Persistent link: https://www.econbiz.de/10011414213
start-up subsidy for unemployed individuals in Germany using propensity score matching under the CIA. Having access to rich …
Persistent link: https://www.econbiz.de/10011420781
unemployment support schemes in Germany. Against this background the main part of this thesis contributes to the evaluation of …-up subsidies in Germany, and are based on a novel data set of administrative data from the Federal Employment Agency that was …
Persistent link: https://www.econbiz.de/10011525471
In some countries including Germany unemployed workers can increase their income by working a few hours per week. The …
Persistent link: https://www.econbiz.de/10011528180
Persistent link: https://www.econbiz.de/10011377260