Rinawi, Miriam; Krapf, Matthias; Backes-Gellner, Uschi - Institut für Strategie und Unternehmensökonomik … - 2014
skills required in occupations, we introduce a concept of occupation-specific human capital and develop empirical measures …-specific human capital are less likely to find reemployment in a different occupation and are more likely to suffer prolonged periods … risk-return tradeoff to educational investments into more specific human capital. In addition, we develop a measure for the …