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The Timing of Careers and Human Capital Depreciation
Kunze, Astrid - 2002
Germany. The analysis distinguishes four types of career interruptions: unemployment, parental leave for female workers …
Persistent link: https://www.econbiz.de/10010262732
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Unemployment and Subsequent Wages: Does Gender Matter?
Wiklund, Fredrik - 1999
Are there any differences in how men and women fare from unemployment in terms of the wages they receive on a new job … experience unemployment will suffer a reduction of subsequent wages while no such effect could be found for women. These findings … unemployment duration was rather short, which may have prevented general capital from depreciating. However, the presence of large …
Persistent link: https://www.econbiz.de/10010321796
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High Unemployment in Germany: Why do Foreigners Suffer Most?
Geis, Wido - 2010
In Germany, immigrant unemployment is not only higher than native unemployment; italso reacts more to changes in the … situation on the labor market. Decomposing the gapbetween native and immigrant unemployment into a baseline and a labor …-marketsituation component, I find that the unemployment rate of immigrants would lie at 5.6 percentagepoints for zero native unemployment (the …
Persistent link: https://www.econbiz.de/10010312169
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Human Capital and Retirement
Alders, Peter - 1999
This paper investigates the relation between human capital andretirement when the age of retirement is endogenous. This relation isexamined in a life-cycle earnings model. An employee works full timeuntil retirement. The worker accumulates human capital by training-on-the-job and by...
Persistent link: https://www.econbiz.de/10010324640
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Interpreting Europe and US Labor Markets Differences: The Specificity of Human Capital Investments
Wasmer, Etienne - 2002
little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …
Persistent link: https://www.econbiz.de/10010262696
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Human capital creates insider power
Muysken, Joan; Zwick, Thomas - 1999
This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...
Persistent link: https://www.econbiz.de/10010297626
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Human Capital and Optimal Positive Taxation of Capital Income
Jacobs, Bas; Bovenberg, A. Lans - 2005
This paper analyzes optimal linear taxes on capital and labor incomes in a life-cyclemodel of human capital investment, financial savings, and labor supply with heteroge-nous individuals. A dual income tax with a positive marginal tax rate on not onlylabor income but also capital income is...
Persistent link: https://www.econbiz.de/10010325417
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Portfolio Allocation over the Life Cycle: Evidence from Swedish Household Data
Andersson, Björn - 2001
This paper provides empirical evidence on life-cycle patterns in the asset allocation of Swedish households. Data on household portfolio allocation are collected from the HINK surveys for the period 1982-1992, and portfolio shares of different asset categories are regressed on age, period, and...
Persistent link: https://www.econbiz.de/10010321812
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Human Capital Policy
Carneiro, Pedro; Heckman, James Joseph - 2003
This paper considers alternative policies for promoting skill formation that are targeted to different stages of the life cycle. We demonstrate the importance of both cognitive and noncognitive skills that are formed early in the life cycle in accounting for racial, ethnic and family background...
Persistent link: https://www.econbiz.de/10010274200
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Employment growth in newly established firms: is there evidence for academic entrepreneur's human capital depreciation?
Müller, Kathrin - 2009
Human capital is known to be one of the most important predictors of a person's earnings. With regard to entrepreneurial success, founders' human capital is an important determinant of firm's employment growth as well. This paper investigates if the depreciation of a founder's academic knowledge...
Persistent link: https://www.econbiz.de/10010299175