Showing 1 - 10 of 10,910
Employment protection legislation may affect the degree of substitutability among different types of labour contracts by changing the individuals sorting into jobs and firms screening in and out jobs. Using administrative data, we document this substitutability in the context of a labour market...
Persistent link: https://www.econbiz.de/10012314769
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
productivity levels of local and nonlocal employees. I employ the framework of Simon and Warner [Journal of Labor Economics, 10 …
Persistent link: https://www.econbiz.de/10012491902
Job displacement causes large and persistent earnings losses. We document that these losses exhibit a U shape over the life cycle: young and old workers experience greater drops than mid-career workers. We develop a simple search model with human capital accumulation and deterioration that...
Persistent link: https://www.econbiz.de/10015323609
An ongoing debate in the field of strategic human capital is whether high levels of firm- specific human capital decrease or increase employee mobility. Some argue that firm-specific human capital limits employment options, thus reducing mobility. Others argue that firm- specific human capital,...
Persistent link: https://www.econbiz.de/10014256679
This article explores whether a relationship exists between the skill shortages that a market faces, and the wages in the market, using both pseudo panel and individual wage equations over the period 2004-2014. Both sets of results suggest that workers in markets with higher levels of skill...
Persistent link: https://www.econbiz.de/10014128094
which may have limiting effects on the reallocation of labor and technology implementation in manufacturing. The … reallocation of labor becomes necessary as growth leads to continuous job creation and job destruction. The ratio of job … destruction to job creation identifies three regimes, two of which are associated with unemployment either due to restricted labor …
Persistent link: https://www.econbiz.de/10003883979
symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …
Persistent link: https://www.econbiz.de/10013096466
symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …
Persistent link: https://www.econbiz.de/10013315829
This paper presents a model of occupational choice in a labor market characterized by moral hazard. The model … demonstrates that in such a labor market, workers' occupational choices are determined by not only their comparative advantage but …-selection diminish as the labor market becomes increasingly characterized by moral hazard …
Persistent link: https://www.econbiz.de/10014052085