Showing 61 - 70 of 403,802
Career mobility theory suggests that given a certain occupation, schooling improves upward mobility in terms of promotion and wage growth. We are the first to test the implications of this theory for over- and under-education by means of direct information about promotions to managerial...
Persistent link: https://www.econbiz.de/10012929528
Using U.S. Census microdata, the authors show that, on average, workers change occupation and industry less in more densely populated areas. The result is robust to standard demographic controls, as well as to including aggregate measures of human capital and sectoral mix. Analysis of the...
Persistent link: https://www.econbiz.de/10012706122
Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they call the "fundamental surplus." However, their analysis ignores risk premia, a force that Hall (2017) shows is important in understanding unemployment fluctuations. We show how...
Persistent link: https://www.econbiz.de/10012649569
We present field experimental evidence that limited information about workseekers' skills distorts both firm and workseeker behavior. Assessing workseekers' skills, giving workseekers their assessment results, and helping them to credibly share the results with firms increases workseekers'...
Persistent link: https://www.econbiz.de/10012588689
coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men …. Relative to uncovered workers, union-covered men are more likely to receive training and also receive more days of training. In … addition, union-covered men experience greater returns to training, and coveredtrained workers face a higher wage growth. While …
Persistent link: https://www.econbiz.de/10013320010
According to the classical human capital theory general training is entirely financed by workers. This prediction is at … odds with the empirical evidence. This observation inspired new theoretical models of training in frictional labour market …. These frictions create incentives for firms to invest in general training. This paper tries to identify the sources of …
Persistent link: https://www.econbiz.de/10010261838
This paper investigates the relation between workers on-the-job training activities and the degree of wage compression … in their occupation. With respect to general training as opposed to firm-specific training human capital theory implies … that the worker initiates and finances the training when there is a negative relationship. A positive relation between …
Persistent link: https://www.econbiz.de/10011573012
This paper establishes that the rise in employer-provided training due to technological change has dampened the college … wage premium. Using unique survey micro-data, I show that hightechnology firms provide more training overall, but the gap … in training participation between high- and low-skill workers is smaller within these firms. To understand the aggregate …
Persistent link: https://www.econbiz.de/10014635196
-the-job training. Our analysis focuses on Germany which provides an interesting context to test this hypothesis, due to its large scale … analysis, we first develop a model of firm-financed training. A novel feature of our model is that a unionised and non … regarding apprenticeship training, layoffs, wage cuts, and wage compression in unionized and nonunionised firms. Our empirical …
Persistent link: https://www.econbiz.de/10010262169
In this paper we develop a model capturing key features of the Roy model, a search model, compensating differentials, and human capital accumulation on-the-job. We establish which features of the model can be non-parametrically identified and which cannot. We estimate the model and use it to...
Persistent link: https://www.econbiz.de/10011480819