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We examine the effect of foreign direct investment (FDI) on local firms’ productivity via human capital transfer from … human capital spillovers using local firms’ hired permanent foreign employees in an industry and region where MNEs and local … firms operate. This identification is valid because permanent foreign workers hired by local firms tend to be visa holders …
Persistent link: https://www.econbiz.de/10013492204
This paper investigates the role of human capital and institutional quality in the nexus of foreign direct investment …
Persistent link: https://www.econbiz.de/10014264631
This paper provides first evidence on the social returns to education from both firm-level and regional human capital. Using panel data from German social security, both at an individual and aggregated at the plant and regional level, I estimate earnings functions incorporating measures of...
Persistent link: https://www.econbiz.de/10003879691
The labor markets of most industrialized countries are polarized. This means that employment has grown in jobs at the upper and lower tails of the wage distribution, while employment in the middle part of the distribution has stagnated or declined. However, there exists no measure that allows a...
Persistent link: https://www.econbiz.de/10010401761
Using a large database of online job postings, we demonstrate that employee skill requirements rise when there is a larger supply of relevant job seekers. We identify this effect using variation across time, occupations, and places, which allows us to control for potentially confounding factors....
Persistent link: https://www.econbiz.de/10010499742
This paper provides first evidence on the anatomy of human capital externalities arising from both firm-level and regional human capital. Using panel data from German social security records, both at an individual and aggregated at the plant and regional level, I estimate earnings functions...
Persistent link: https://www.econbiz.de/10003828791
This paper investigates the relationship between education and training provided by the firm, both on the job and off the job, using a unique dataset based on a survey of Thai employees conducted in the summer of 2001. We find a significant and negative relationship between educational...
Persistent link: https://www.econbiz.de/10011413387
Previous studies often interpret the positive impact of high-skill human capital on the mean wages of low-skill workers as evidence of human capital externalities. We uncover a distributional wage effect that is difficult to reconcile with standard models of human capital externalities:...
Persistent link: https://www.econbiz.de/10012892660
Using data from 10 Western European countries, I provide evidence that the fall in prices of information technologies (IT) is associated with a lower share of employment in middle wage occupations and a higher share of employment in high wage occupations. The decline in IT prices has no robust...
Persistent link: https://www.econbiz.de/10012978660
The Great Recession and subsequent recovery have been particularly painful for low-skilled workers. From 2007 to 2012, the unemployment rate rose by 6.4 percentage points for noncollege workers while it rose by only 2.3 percentage points for the college educated. This differential impact was...
Persistent link: https://www.econbiz.de/10012990011