Theorien zur internationalen Migration von hochqualifizierten Arbeitskräften -- Zuwanderung ausländischer IT-Fachkräfte nach Deutschland -- Greencard für ausländische IT-Fachkräfte -- Internationale Verflechtungen informationsorientierter Dienstleistungsunternehmen -- Rekrutierung von...

We present a model that rationalizes the cyclical nature of executive compensation and malpractice. The model features a principal-agent setting where effort and misreporting incentives are at conflict and managerial talent is a scarce asset. In the optimal contract, investors exploit a...

This paper provides new evidence about horizontal transfer and promotion using the largest available personnel panel data in Japan and interprets them from the perspective of task-specific human capital. We find that firms synchronize their employees' promotion and horizontal transfers. Then, we...

As knowledge production becomes more specialized, studying complex and multi-faceted empirical realities becomes more difficult. This has created a growing need for cross-fertilization and collaboration between research disciplines. According to prior studies, the sharing of concepts, ideas and...

We argue that corporate investment decisions depend not only on project characteristics such as expected NPV, but also on how well a firm can assess its managers' human capital. If so, projects pitched by managers about whom the firm has more complete information should be more likely to be...

Routine-biased technological change (RBTC), whereby routine-task jobs are replaced by machines and overseas labor, shifts demand towards high- and low-skill jobs, resulting in job polarization of the U.S. labor market. We test whether recessions accelerate this process. In doing so we establish...