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A product market theory of worker training
Gersbach, Hans; Schmutzler, Armin - 2004 - revised: February 2004
We develop a product market theory that explains why firms invest in general training of their workers. We consider a …-specific training if others do the same, because they would otherwise suffer a competitive disadvantage or need to pay high wages in …
Persistent link: https://www.econbiz.de/10011402873
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A product market theory of training and turnover in firms
Gersbach, Hans; Schmutzler, Armin - 2001
We develop a product market theory that explains why firms invest in general training of their workers. We consider a …-specific training if others do the same, because they would otherwise suffer a competitive disadvantage or need to pay high wages in …
Persistent link: https://www.econbiz.de/10001610642
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Information Content of Wages and Monetary Policy
Hahn, Volker; Gersbach, Hans - 2004
We examine whether it is sufficient for central banks to observe and forecast nominal variables only. Analyzing the interplay of wage-setting unions and a central bank we show that although central banks may not gain more information by directly acquiring data about indicators of real shocks in...
Persistent link: https://www.econbiz.de/10014068047
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Does globalization create superstars? : a simple theory of managerial wages ; conference paper
Gersbach, Hans; Schmutzler, Armin - 2013 - This version: October 2012
, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model …
Persistent link: https://www.econbiz.de/10010341147
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Does globalization create superstars? : a simple theory of managerial wages
Gersbach, Hans; Schmutzler, Armin - In: European economic review : EER 71 (2014), pp. 34-51
Persistent link: https://www.econbiz.de/10010512279
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Competiton of politicians for wages and office
Gersbach, Hans - In: Social choice and welfare 32 (2009) 4, pp. 533-553
Persistent link: https://www.econbiz.de/10003824442
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Competition of politicians for wages and office
Gersbach, Hans - In: Social choice and welfare 33 (2009) 1, pp. 51-71
Persistent link: https://www.econbiz.de/10003873208
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Competition of politicians for wages and office
Gersbach, Hans - 2004
Persistent link: https://www.econbiz.de/10001956136
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Competition of politicians for wages and office
Gersbach, Hans - 2003 - This version: November 2003
Persistent link: https://www.econbiz.de/10003245403
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A Product Market Theory of Worker Training
Gersbach, Hans; Schutzler, Armin - 2001
We develop a product market theory that explains why firms invest in general training of their workers. We consider a …-specific training if others do the same, because they would otherwise suffer a competitive disadvantage or need to pay high wages in …
Persistent link: https://www.econbiz.de/10010262533