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Does less wage compression lead to less training in Germany? : an expansion of Acemoglu and Pischke's Model of training in imperfect labor markets
Neubäumer, Renate - 2016
We expand Acemoglu and Pischke's seminal model of training in imperfect labor markets by including the system of collective wage bargaining and the components of firms' training costs. Thus we can adapt their model to institutional changes that occurred since the 1990s. The model and the...
Persistent link: https://www.econbiz.de/10011455316
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Work-related ability as source of information advantages of training employers
Mohrenweiser, Jens; Wydra-Sommaggio, Gaby; Zwick, Thomas - 2015 - This version August 2015
This paper addresses the puzzle how employers that invest in general human capital can gain an information advantage with respect to the ability of their employees when training is certified by credible external institutions. We apply an established model from the employer-learning literature...
Persistent link: https://www.econbiz.de/10011316529
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Training Contracts, Worker Overconfidence, and the Provision of Firm-Sponsored General Training
Hoffman, Mitchell - 2013
Training by firms is a central means by which workers accumulate human capital, yet firms may be reluctant to provide general training if workers can quit and use their gained skills elsewhere. “Training contracts” that impose a penalty for premature quitting can help alleviate this...
Persistent link: https://www.econbiz.de/10013086621
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Does Poaching Distort Training?
Moen, Espen R.; Rosen, Asa - 2004
We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous turnover and endogenous general human capital formation. We show that search frictions do not distort training decisions if firms and their employees are able to coordinate...
Persistent link: https://www.econbiz.de/10014109456
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"The double dividend of Training" : labor market effects of work-related continuous education in Switzerland
Denzler, Stefan; Ruhose, Jens; Wolter, Stefan C. - 2022
Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor … risk of unemployment two years after the treatment. However, the effects are heterogeneous as to gender, age, education …, and regional labor market context. The gains are highest for middle-aged men with formal vocational education working in …
Persistent link: https://www.econbiz.de/10013413337
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"The double dividend of training" : labor market effects of work-related continuous education in Switzerland
Denzler, Stefan; Ruhose, Jens; Wolter, Stefan C. - 2022
Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor … risk of unemployment two years after the treatment. However, the effects are heterogeneous as to gender, age, education …, and regional labor market context. The gains are highest for middle-aged men with formal vocational education working in …
Persistent link: https://www.econbiz.de/10013414731
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A new approach to estimate the wage returns to work-related training
Leuven, Edwin; Oosterbeek, Hessel - 2002
This paper proposes a new approach to identify the wage effects of training. The idea is to narrow down the comparison group by only taking into consideration the workers who wanted to participate in training but did not do so because of some random event. The point estimate of the return to...
Persistent link: https://www.econbiz.de/10011412041
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A New Approach to Estimate the Wage Returns to Work-Related Training
Leuven, Edwin; Oosterbeek, Hessel - 2021
This paper proposes a new approach to identify the wage effects of training. The idea is to narrow down the comparison group by only taking into consideration the workers who wanted to participate in training but did not do so because of some random event. The point estimate of the return to...
Persistent link: https://www.econbiz.de/10013320454
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A new approach to estimate the wage returns to work-related training
Leuven, Edwin; Oosterbeek, Hessel - 2002
Persistent link: https://www.econbiz.de/10001687624
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Absolute Risk Aversion and the Returns to Education
Brunello, Giorgio - 2003
income, is used as an instrument for attained education in a standard log earnings equation. I find that, in line with the … literature, the gap between IV and OLS estimates of the returns to education is large …
Persistent link: https://www.econbiz.de/10014140942