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labor market entry onwards and estimate a dynamic life-cycle model of vocational training choice, labor supply, and wage … progression. Most particularly, our model allows for labor market frictions that vary by skill group and over the business cycle … their careers, while job mobility is important for workers who acquire skills in an apprenticeship scheme before labor …
Persistent link: https://www.econbiz.de/10010939078
Vocational training systems differ markedly between countries. A model of firm-based human capital investment predicts equilibria characterised by particular patterns of training and job-to-job mobility, consistent with observed cross-country differences. Incentives to invest in human capital...
Persistent link: https://www.econbiz.de/10011004405
We study the impact of managers on the success of professional soccer teams using data from the German "Bundesliga". We evaluate the performance impact of individual managers by estimating regression models that include both team and manager fixed effects, where we are exploiting the high...
Persistent link: https://www.econbiz.de/10010959615
The NZ labour market is among the most flexible in the OECD, and outcomes for its young people have been among the best. However, labour-market opportunities are heavily determined by initial education, where New Zealand’s system is also successful and innovative in many ways. Average PISA...
Persistent link: https://www.econbiz.de/10011276931
This paper analyzes the effects of firing costs in a broader setup than what is usually done, allowing for on-the-job training. By doing so the traditional analysis is extended with respect to two points: On the one hand firing costs clearly increase firm training because worker and firm are...
Persistent link: https://www.econbiz.de/10005797675
Human capital is transferable across occupations, but only to a limited extent because of differences in occupational skill-profiles. Higher skill overlap between occupations renders less of individuals' human capital useless in occupational switches. Current occupational distance measures...
Persistent link: https://www.econbiz.de/10008483759
This paper is part of a project that attempts to reveal the way labour market institutions, human capital and labour productivity are interconnected. First we discuss two approaches in the human capital theory, stressing some difficulties that could be solved if the approaches are combined. It...
Persistent link: https://www.econbiz.de/10005125046
Most skills acquired through on-the-job training may be specific to an occupation and therefore transferable to some but not all firms. This paper explores the relationship between the size of the local market for an occupation-specific skill and job-training outcomes. The Stevens (1994) model...
Persistent link: https://www.econbiz.de/10005406803
Active labour market policies (ALMPs), which are primarily addressed to integrate (or reintegrate) into the labour market those who are on the edge of unemployment, are generally analysed in the context of a macroeconomic approach or within a micro-econometric model. A critique of the usual...
Persistent link: https://www.econbiz.de/10010740304
This paper presents an analysis of changes in senior management labor market in Russia during the 2000s. The original … the proportion of women and expats in the senior management market. We found that the Russian labor market of top …
Persistent link: https://www.econbiz.de/10010714126