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whether human capital externalities arise from a higher job matching efficiency in skilled regions. Using two samples of … jobs. -- Human Capital Externalities ; Job Matching …. Taken together, these findings suggest that human capital externalities partly arise because workers in skilled regions have …
Persistent link: https://www.econbiz.de/10008842262
The emergence of online labor markets calls the validity of traditional career models into question. Given the volatility and digital nature of this environment, short-term employment relationships and heterogeneity of workers, employers and tasks in these markets, it is unclear how careers...
Persistent link: https://www.econbiz.de/10012392718
career. The model, which is designed to introduce optimal between-firm mobility, is based on the search, the matching, and … the human capital theory. It is emphasized that hopping from one wage trajectory to another by mobility may be accompanied …
Persistent link: https://www.econbiz.de/10003748082
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
results show no support for external returns to education, except for skilled workers. -- Human capital externalities ; social …
Persistent link: https://www.econbiz.de/10003879691
This paper provides first evidence on the anatomy of human capital externalities arising from both firm-level and …-skilled. This finding is in line with learning based theories of human capital externalities. Some estimates also suggest negative …-skilled workers and the regional shares of high-skilled workers. -- Human capital externalities ; social returns to education ; error …
Persistent link: https://www.econbiz.de/10003828791
find human capital externalities to accrue predominantly to growing firms which benefit from sharing, matching, and …Bridging the gap between the literatures on industrial change and human capital externalities we investigate the … industrial change, while human capital externalities arise first and foremost in dynamic labor markets. On the firm level, we …
Persistent link: https://www.econbiz.de/10003849358
When workers are displaced from their jobs in mass layoffs or firm closures, they experience lasting adverse labor market consequences. We study how these consequences vary with the amount of skill mismatch that workers experience when returning to the labor market. Using novel measures of skill...
Persistent link: https://www.econbiz.de/10014283060
This paper argues that the structure (i.e., size and composition) of the informal search network is a crucial determinant of the career decisions of young workers. Building on the search-theoretic career choice and job mobility model proposed by Neal (1999), I compare the consequences of career...
Persistent link: https://www.econbiz.de/10011594431
This paper analyzes human capital externalities from high-skilled workers by applying functional regression to precise … panel data allow us to address the sorting of workers and to disentangle human capital externalities from supply effects by … using an extensive set of time-varying fixed effects. Our estimates reveal that human capital externalities attenuate with …
Persistent link: https://www.econbiz.de/10012249746