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In this paper the issues from the personnel economics has been investigated. The issues such as training of workers from Becker’s human capital theory and their association with the workers’ productivity. In the second part of the paper the issue of grooming has been investigated in relation...
Persistent link: https://www.econbiz.de/10014149205
In this paper the issues from the personnel economics has been investigated. The issues such as training of workers from Becker's human capital theory and their association with the workers' productivity. In the second part of the paper the issue of grooming has been investigated in relation...
Persistent link: https://www.econbiz.de/10010371870
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...
Persistent link: https://www.econbiz.de/10014368278
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...
Persistent link: https://www.econbiz.de/10014342988
, employer heterogeneity and individual-level shocks. Career wage growth is decomposed into the contributions of human capital … capital accumulation and job search contribute to the observed concavity of wage-experience profiles. The contribution from … job search to wage growth, both within- and between-job, declines over the first ten years of a career - the 'job …
Persistent link: https://www.econbiz.de/10010254832
Standard economic theory suggests that individuals know best how to make themselves happy. Thus, policies designed to encourage "better" behaviors will only reduce people's happiness. Recently, however, economists have explored the role of impatience, especially difficulties with delaying...
Persistent link: https://www.econbiz.de/10011434104
This paper establishes that individuals with an internal locus of control, i.e., who believe that reinforcement in life comes from their own actions instead of being determined by luck or destiny, earn higher wages. However, this positive effect only translates into labor income via the channel...
Persistent link: https://www.econbiz.de/10008702170
As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage … results confirm that subjective wage expectation data are useful in modeling individual choice. …
Persistent link: https://www.econbiz.de/10011283119
We examine the causal impact of China's higher education expansion on labor market outcomes for young college graduates using China's 2005 1% Population Sample Survey. Exploiting variation in the expansion of university spots across provinces and high school cohorts and applying a...
Persistent link: https://www.econbiz.de/10011449778
Discontinuities in the employment profile are supposed to cause wage cuts since they imply an interruption in the … significant wage cuts owing to the depreciation of human capital. Postponing the discontinuity leads to a further fall of the wage … depreciation rates. This we interpret as an indication for segregation in the labor market. We conclude that traditional wage …
Persistent link: https://www.econbiz.de/10013428383