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According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater the investment in general training. Using data from...
Persistent link: https://www.econbiz.de/10004962764
According to Becker [Becker, G., 1964, Human Capital, NBER, New York], when labour markets are perfectly competitive, general training is paid by the worker, who reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater the...
Persistent link: https://www.econbiz.de/10005082091
We study the impact of regulatory barriers to entry on workplace training. We develop a model of training in imperfectly competitive product and labour markets. The model indicates that there are two contrasting effects of deregulation on training. As stressed in the literature, with a given...
Persistent link: https://www.econbiz.de/10010573240
According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater the investment in general training. Using data from...
Persistent link: https://www.econbiz.de/10012444200
Persistent link: https://www.econbiz.de/10009409656
We examine the determinants of the within-industry decline of the labor share, using industry-level annual data for 25 OECD countries, 20 business-sector industries and covering up to 28 years. We find that total factor productivity growth—which captures (albeit imprecisely)...
Persistent link: https://www.econbiz.de/10011195687
We examine the determinants of the within-industry decline of the labor share, using industry-level annual data for 25 OECD countries, 20 business-sector industries and covering up to 28 years. We find that total factor productivity growth—which captures (albeit imprecisely)...
Persistent link: https://www.econbiz.de/10011001601
We examine the determinants of the within-industry decline of the labour share, using industry-level annual data for 25 OECD countries, 20 business-sector industries and covering up to 28 years. We find that total factor productivity growth – which captures (albeit imprecisely)...
Persistent link: https://www.econbiz.de/10011007536
Andrea Bassanini et Romain Duval sont deux économistes qui travaillent respectivement à la Direction de l’emploi, du travail et des affaires sociales et au Département des affaires économiques de l’OCDE. Catherine Chapuis-Grabiner, Sébastien Martin et Rebecca Oyomopito leur ont apporté...
Persistent link: https://www.econbiz.de/10008726222
Ce document analyse les liens entre la croissance économique et les politiques et les institutions dans les pays de l’OCDE sur la base de régressions en coupe transversale et en séries temporelles. Une approche économétrique nouvelle permet aux paramètres de court terme et à la vitesse...
Persistent link: https://www.econbiz.de/10008726223