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be driven by higher-skilled workers. The results for training are less clear, but suggest that higher-skilled immigration … may have a positive impact on the training of native workers. We discuss the implications for post-Brexit immigration …
Persistent link: https://www.econbiz.de/10011913516
We estimate the effects of initial labour market entry conditions on a range of subsequent job outcomes for men and women who entered the British labour market between 1991 and 2009, using data from the British Household Panel Survey and its successor Understanding Society. We find that the...
Persistent link: https://www.econbiz.de/10009778459
of the returns to general training and be willing to pay for it despite its general nature. However this outcome is not … efficient, in the sense that too few workers are trained and workers who are hired receive too little training. We consider how … different institutions can affect this inefficiency. Industry-level minimum wages can remove the training inefficiency and …
Persistent link: https://www.econbiz.de/10011414246
complexity and its training requirements. When two tasks are equally complex, firms will automate the task that requires more … training and in which labor is hence more expensive. Under quite general conditions this leads to job polarization, a decline …. The model makes novel predictions regarding occupational training requirements, which we find to be consistent with US …
Persistent link: https://www.econbiz.de/10010478513
The labor market differs from other markets in many respects. Most important is that those who supply labor also have to deliver it in person. It means firstly that the work environment and organization of work are important for those who deliver labor, since they are in the work place....
Persistent link: https://www.econbiz.de/10010196492
The own-wage elasticity of labor demand measures the effect of higher wages on firms’ demand for labor and, thus, determines the impact of supply shocks, minimum wages, and collective wage agreements on the labor market. I carry out a comprehensive meta-analysis to shed light on the nature of...
Persistent link: https://www.econbiz.de/10014430029
This paper uses longitudinal data of more than 13,000 firms to analyze the effects of on-the-job training on firm level … productivity and wages. Workers receiving training are on average more productive than workers not receiving training. This makes … firms more productive. On-the-job training increases firm level measured productivity between 1 and 2%, compared to firms …
Persistent link: https://www.econbiz.de/10012714220
In this paper, I examine whether higher product market power can affect labor earnings through its effect on overall labor demand in distinct markets, as a set of dominant firms replaces employment by competitors. To identify relative labor demand shifts, I focus on variations in the spatial...
Persistent link: https://www.econbiz.de/10012846280
Positive assortative matching implies that high productivity workers and firms match together. However, there is almost no evidence of a positive correlation between the worker and firm contributions in two-way fixed-effects wage equations. This could be the result of a bias caused by standard...
Persistent link: https://www.econbiz.de/10013104657
Firms frequently provide general skill training to workers at the firm's cost. Theories proposed that labor market … firms. We first document that the firm provides upfront training, and show that both workers' tenure and the initial fee … charged to clients are positively related to the length of training, but the initial wage paid to workers is not. We then …
Persistent link: https://www.econbiz.de/10013209297