Based on a German representative sample of employees we explore the relevance anddevelopment of further training in private sector firms. We focus on formal training andexplore possible individual and job-based determinants of its incidence. We also showchanges over time during a 20 year...

The paper draws upon the work of T.W. Schultz to show that human capital theory andlabor market adjustments have important implications for investing in people for the 21st Century.[...]

This paper reviews the stylized facts regarding the distribution of human capital investments and the returns to those investments in developing countries. It then examines recent evidence regarding which policies can induce increased human capital investments in the most efficient manner, using...

Do the short and medium term adjustment costs associated with trade liberalization influenceschooling and child labor decisions? We examine this question in the context of India's 1991tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in schoolingand decline in...

Die Ereignisse vom 11. September haben eine lebhafte Diskussion über die Versicherung vonTerrorrisiken ausgelöst. Im Zentrum steht dabei die Frage, ob von staatlicher Seite dafürgesorgt werden sollte, dass hinreichende Deckung für solche Risiken zur Verfügung steht. Ihrwird auch in diesem...

[...]In this article, we attempt to quantify the economic effectsof the homeland security efforts of the public and privatesectors, focusing specifically on the costs of these efforts. Inpractice, it is difficult to classify which expenditures are relatedto homeland security. For this reason, we...

IFC - an overview; IFC in Latin America; IFC and climate change (from risk to opportunity); IFC- why do we care?; Insurance Requirements? IFC's Approach; Risk modeling - the future; Climate-related Products...