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Labor market pooling and human capital investment decisions

Amend, Elke; Herbst, Patrick - 2008

Dass Arbeitsmarkt-Pooling einer der Vorteile von Ballungsräumen ist, ist zwar empirisch belegt, theoretisch jedoch nur … Arbeitsmarkt mit heterogenen Arbeitskräften und Unternehmen vor. Die Unternehmen produzieren Güter unter Wettbewerbsbedingungen mit …. Es wird gezeigt, dass Arbeitsmarkt-Pooling dabei nicht nur zu statischen Effekivitätsgewinnen führt, sondern es werden …

Persistent link: https://www.econbiz.de/10003873486

Asymmetric information and overeducation

Mendolicchio, Concetta; Paolini, Dimitri; Pietra, Tito - 2012

Investitionen in physisches Kapital wählen, ist ihnen das vorherrschende Humankapitalniveau auf dem Arbeitsmarkt nicht bekannt. Wir …

Persistent link: https://www.econbiz.de/10009553150

An unfulfilled promise? : higher education quality and professional underemployment in Peru

Yamada, Gustavo; Lavado, Pablo; Martínez, Joan J. - 2015

Despite the high growth of the Peruvian economy during the last decade, college graduates are facing increasing difficulties to find occupations that match their higher educational background, skills and educational investments. This scenario is embodied in the "professional underemployment"...

Persistent link: https://www.econbiz.de/10011427813

Human capital dynamics and the U.S. labor market

Fang, Lei; Nie, Jun - 2014

The high U.S. unemployment rate after the Great Recession is usually considered to be a result of changes in factors influencing either the demand side or the supply side of the labor market. However, no matter what factors have caused the changes in the unemployment rate, these factors should...

Persistent link: https://www.econbiz.de/10010240062

Heterogeneous workers, trade, and migration

Heiland, Inga; Kohler, Wilhelm - 2013

We argue that the narrative of variety-induced gains from trade in differentiated goods needs revision. If producing differentiated varieties of a good requires differentiated skills and if the work force is heterogeneous in these skills, then firms are likely to have monopsony power. We show...

Persistent link: https://www.econbiz.de/10009792205

Labor market sorting in Germany : presented at CESifo Area Conference on Employment and Social Protection, April 2016

Lochner, Benjamin; Schulz, Bastian - 2016

This paper analyzes the allocation of workers to jobs and the wage distribution in Germany. Our main contribution is to reconcile prominent empirical models of wage dispersion (Abowd et al., 1999; Card et al., 2013) with theoretical sorting models (Shimer and Smith, 2000; Eeckhout and Kircher, 2011;...

Persistent link: https://www.econbiz.de/10011524613

Does less wage compression lead to less training in Germany? : an expansion of Acemoglu and Pischke's Model of training in imperfect labor markets

Neubäumer, Renate - 2016

We expand Acemoglu and Pischke's seminal model of training in imperfect labor markets by including the system of collective wage bargaining and the components of firms' training costs. Thus we can adapt their model to institutional changes that occurred since the 1990s. The model and the...

Persistent link: https://www.econbiz.de/10011455316

Labour market integration, human capital formation, and mobility

Haupt, Alexander; Übelmesser, Silke - 2014

In this paper, we analyse the implications of labour market integration in a two-region model with local human capital externalities and congestion effects. We show that integration can be a double-edged sword. Integration and the ensuing agglomeration of skilled labour can reduce "real" income...

Persistent link: https://www.econbiz.de/10010403243

Decomposing the effect of height on income in China : the role of market and political channels

Yamamura, Eiji; Smyth, Russell; Zhang, Yan - 2015

It is well known that height is positively associated with earnings. Based on individual level data, this paper investigates the channels through which height influences income in China. Our first key finding is that taller people are more likely to become members of the Communist Party,...

Persistent link: https://www.econbiz.de/10010488899

Labor market institutions, wages, and investment : presented at CESifo Area Conference on Employment and Social Protection, June 2004

Pischke, Jörn-Steffen - 2004

Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...

Persistent link: https://www.econbiz.de/10011450828