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Given asymmetric information, this paper explores the need for non-tenure-track jobs in academia alongside the usual tenure-track positions. It also explains the coexistence of these two types of jobs in research universities as an equilibrium phenomenon. The increased effort needed to produce...
Persistent link: https://www.econbiz.de/10011820216
Industry-level time series data suggest that low-skilled workers get less insurance within the firm than high-skilled workers. In particular, wages respond relatively more to productivity shocks in low-skilled industries than high-skilled industries. Our theory is that low-skilled workers get...
Persistent link: https://www.econbiz.de/10013091742
, 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/10012894561
's capital structure, in order to enhance the value of her post career change indexed executive stock option contract with the …
Persistent link: https://www.econbiz.de/10013071277
productivity-enhancing (human capital) returns seem to be less pronounced. Over the expected course of career, we find lasting …
Persistent link: https://www.econbiz.de/10012293120
-enhancing (human capital) returns seem to be less pronounced. Over the expected course of career, we find lasting education premia as …
Persistent link: https://www.econbiz.de/10012293817
productivity-enhancing (human capital) returns seem to be less pronounced. Over the expected course of career, we find lasting …
Persistent link: https://www.econbiz.de/10012293840
The paper studies human capital accumulation over workers' careers in an on the job search setting with heterogenous firms. In renegotiation proof employment con- tracts, more productive firms provide more training. Both general and specific training induce higher wages within jobs, and with...
Persistent link: https://www.econbiz.de/10011585846
Career mobility theory suggests that given a certain occupation, schooling improves upward mobility in terms of … promoted and that this career mobility advantage is more pronounced in the early stages of their working lives. By contrast …. Altogether, these findings strongly support the career mobility theory. Furthermore, by differentiating between internal and …
Persistent link: https://www.econbiz.de/10012929528
The paper studies human capital accumulation over workers' careers in an on the job search setting with heterogenous firms. In renegotiation proof employment con- tracts, more productive firms provide more training. Both general and specific training induce higher wages within jobs, and with...
Persistent link: https://www.econbiz.de/10013210465