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Drawing on human capital theory, strategy scholars have emphasized firm-specific human capital as a source of sustained competitive advantage. In this study, we begin to unpack the micro-foundations of firm-specific human capital by theoretically and empirically exploring when employees perceive...
Persistent link: https://www.econbiz.de/10014036930
, males would be 23% and females 5% less likely to continue pursuing a professional career, on average. Thus, winner …
Persistent link: https://www.econbiz.de/10011955395
The emergence of online labor markets calls the validity of traditional career models into question. Given the … whether there are distinct trajectories and patterns in online careers. We document dominant career paths and develop a … taxonomy of novel career patterns in OLMs. This addresses recent calls for research to update and refine our theories and …
Persistent link: https://www.econbiz.de/10012392718
ability; (iii) incentives for effort arising from this uncertainty (career concerns); and (iv) incentives for effort generated … determinants of performance pay. Career-concerns incentives, on which the theoretical literature has focused, and the strength of …
Persistent link: https://www.econbiz.de/10013334409
Thurow's job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more...
Persistent link: https://www.econbiz.de/10001617995
Thurow's job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more...
Persistent link: https://www.econbiz.de/10011403075
This paper constructs and estimates a career decision model where individuals search for both career matching and … employer matching to understand wage growth and career mobility using the NLSY79. It departs from previous papers in that … career mobility decisions and participation decisions are explicitly modeled. I find substantial returns to career …
Persistent link: https://www.econbiz.de/10014054567
We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets....
Persistent link: https://www.econbiz.de/10014468295
We discuss the impacts of the Russian invasion on Ukrainian science. Using newly collected data, we show that the war has already had significant effects on science in Ukraine: research papers produced by Ukrainian scientists declined by about 10%, approximately 5% of the most prolific...
Persistent link: https://www.econbiz.de/10014480994
Global Recession to Global Recovery: It is well known fact that all good things, as also bad things, come to an end and business cycles pass through good and bad economic times. Economically 2010 was a year of transition from economic recession to recovery. Economies were improving in some...
Persistent link: https://www.econbiz.de/10014041316