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While there is a wealth of literature dealing with the spatial nature of knowledge and its transferral, I argue that the underlying mechanisms have not been sufficiently understood. Existing research relating the geography of inflows to firm productivity does not adequately address firm and...
Persistent link: https://www.econbiz.de/10012491902
This article examines the intertwining relationship between informality and education-occupation mismatch (EOM) and the … consequent impact on the workers' wages. In particular, we discuss two issues - first, the relative importance of informality and … analysis reveals that although both informality and EOM are significant determinants of wages, the former is more crucial for a …
Persistent link: https://www.econbiz.de/10014228209
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/10008669978
Exploiting a unique dataset including cross-country comparable hiring and separation rates by type of transition for 24 OECD countries, 23 business-sector industries and 13 years, we study the effect of dismissal regulations on different types of gross worker flows, defined as one-year...
Persistent link: https://www.econbiz.de/10009537679
This paper explores for the first time the impact of a demand-driven training program on labor turnover at both firm and worker level. Launched in 2014 by the Ministry of Development, Industry and Trade (MDIC in Portuguese), Pronatec-MDIC allows firms to demand courses which some of their...
Persistent link: https://www.econbiz.de/10012028434
Extant literature documents a relationship between human resource management (HRM) practices and performance, but the mechanisms underlying this relationship are still not well understood. We develop a theoretical framework of the HRM-performance relationship fusing an employment systems...
Persistent link: https://www.econbiz.de/10014581054
We use a unique data set on employee turnover by industry in Arizona to test competing theories of turnover. We find that industries with lower establishment survival rates have more employee turnover, even after controlling for differences in the distribution of employee tenure. This result is...
Persistent link: https://www.econbiz.de/10014075816
When workers are displaced from their jobs in mass layoffs or firm closures, they experience lasting adverse labor market consequences. We study how these consequences vary with the amount of skill mismatch that workers experience when returning to the labor market. Using novel measures of skill...
Persistent link: https://www.econbiz.de/10014283060
It is well known that turnover rates fall with employee tenure and employer size. We document a new empirical fact about turnover: Among surviving employers, separation rates are positively related to industry-level exit rates, even after controlling for tenure and size. Specifically, in a...
Persistent link: https://www.econbiz.de/10014064737
Labor market outcomes such as turnover and earnings are correlated with employer characteristics, even after controlling for observable differences in worker characteristics. We argue that this systematic relationship constitutes strong evidence in favor of models where workers choose how much...
Persistent link: https://www.econbiz.de/10014064738