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The Impact of Fiscal Policy on Labour Supply and Education in an Economy with Household and Market Production

Booth, Alison L; Coles, Melvyn G - C.E.P.R. Discussion Papers - 2007

This paper considers optimal educational investment and labour supply with increasing returns to scale in the earnings function In so doing we develop the work of Rosen (1983), who first highlighted the increasing returns argument that arises because private returns to human capital investment...

Persistent link: https://www.econbiz.de/10005497988

Training, Rent-Sharing and Unions

Booth, Alison L; Francesconi, Marco; Zoega, Gylfi - C.E.P.R. Discussion Papers - 1999

We investigate two dimensions of investment in general human capital on-the-job: the number of workers trained and the intensity of training for each worker. In the benchmark case, we consider wage and training decisions made by firms in an imperfectly competitive labour market. The benchmark...

Persistent link: https://www.econbiz.de/10005498000

The Hazards of Doing a PhD: An Analysis of Completion and Withdrawal Rates of British PhDs in the 1980s

Booth, Alison L; Satchell, Stephen E - C.E.P.R. Discussion Papers - 1993

The paper examines UK PhD completion and withdrawal rates, in a competing risks framework, using the 1986 National Survey of 1980 Graduates. The statistical problem of thresholding of completion data is also addressed. We argue that our results suggest that there are problems with the use of PhD...

Persistent link: https://www.econbiz.de/10005504491

Who Gets Over the Training Hurdle? A Study of the Training Experiences of Young Men and Women in Britain

Arulampalam, Wiji; Booth, Alison L - C.E.P.R. Discussion Papers - 1996

Using longitudinal data from the British National Child Development Study, this paper examines gender differences in the determinants of work-related training. The analysis covers a crucial decade in the working lives of the 1958 birth cohort of young men and women – the years spanning the...

Persistent link: https://www.econbiz.de/10005504728

If You're so Smart, Why Aren't You Rich? Wage Inequality with Heterogenous Workers?

Booth, Alison L; Zoega, Gylfi - C.E.P.R. Discussion Papers - 2002

This Paper provides microfoundations for wage compression by modelling wage-setting in a world of heterogeneous workers and firms. Workers are differentiated by observable innate ability. A high-ability worker confers on a firm an externality, since their ability raises the average level of...

Persistent link: https://www.econbiz.de/10005504764

Is Wage Compression a Necessary Condition for Firm-Financed General Training?

Booth, Alison L; Zoega, Gylfi - C.E.P.R. Discussion Papers - 2001

It is well known that workers in Europe appear to receive more firm-provided general training than their counterparts in the United States. Moreover, there is considerable evidence that firms, in many cases, pay for the general training, contrary to the predictions of Becker (1964). In important...

Persistent link: https://www.econbiz.de/10005661519

Training and Unions

Booth, Alison L; Chatterji, Monojit - C.E.P.R. Discussion Papers - 1997

The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time-consistent, and training comprises both specific and general skills. It is shown that, in the absence of a social planner, the firm has ex-post monopsonistic power that drives...

Persistent link: https://www.econbiz.de/10005666579

Offshoring and Product Innovation

Naghavi, Alireza; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2006

We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in …

Persistent link: https://www.econbiz.de/10005123630

Contract Enforcement, Comparative Advantage and Long-Run Growth

Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2007

-country dynamic Ricardian model with endogenous innovation and hold-up problems, the value chain consists of two activities …, innovation and production. Entry in the market happens through R&D and entrants face two decisions. The 'location decision … perform innovation and production within the same vertically integrated structure or not. In this framework, the quality of …

Persistent link: https://www.econbiz.de/10005498068

Outsourcing, Contracts and Innovation Networks

Naghavi, Alireza; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2006

innovation. In so doing, we model an industry in which R&D is performed by independent research labs and outsourcing production …

Persistent link: https://www.econbiz.de/10005661520