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Can Subsidising Job-Related Training Reduce Inequality?

Angelopoulos, Konstantinos - 2017

A well-established stylised fact is that employer provided job-related training raises productivity and wages. Using UK … data, we further find that job-related training is positively related to subsidies aimed at reducing training costs for … employers. We also find that there is a positive, albeit quantitatively small, relationship between wage inequality and training …

Persistent link: https://www.econbiz.de/10012948253

The Gender Wage Gap in Developed Countries

Kunze, Astrid - 2017

Despite the increased attachment of women to the labour force in nearly all developed countries, a stubborn gender pay gap remains. This chapter provides a review of the economics literature on the gender wage gap, with an emphasis on developed countries. We begin with an overview of the trends...

Persistent link: https://www.econbiz.de/10012951824

Peer Effects in the Workplace

Cornelißen, Thomas; Dustmann, Christian; Schönberg, Uta - 2021

Existing evidence on peer effects in a work environment stems from either laboratory experiments or from real-word studies referring to a specific firm or specific occupation. Yet, it is unclear to what extent these findings apply to the labor market in general. In this paper, therefore, we...

Persistent link: https://www.econbiz.de/10013315716

Common Ownership, Competition, and Top Management Incentives

Anton, Miguel - 2020

When one firm's strategy affects other firms' value, optimal executive incentives depend on whether shareholders have interests in only one or in multiple firms. Performance-sensitive contracts induce managerial effort to reduce costs, and lower costs induce higher output. Hence, greater...

Persistent link: https://www.econbiz.de/10012854854

Temporary Employment, Job Flows and Productivity : A Tale of Two Reforms

Cappellari, Lorenzo - 2011

We investigate the effects of two reforms of temporary employment using panel data on Italian firms. We exploit variation in their implementation across regions and sectors for identification. We find that the reform of apprenticeship contracts increased job turnover and induced the substitution...

Persistent link: https://www.econbiz.de/10013122251

General Education, Vocational Education, and Labor-Market Outcomes Over the Life-Cycle

Hanushek, Eric Alan - 2011

Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...

Persistent link: https://www.econbiz.de/10013119232

Why Do We Ignore the Risk in Schooling Decisions?

Hartog, Joop - 2014

While uncertainty abounds in almost any decision on investment in schooling, it is mostly ignored in research and virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of heterogeneity and risk, surveys the analytical...

Persistent link: https://www.econbiz.de/10013054013

Job Search, Human Capital and Wage Inequality

Carrillo-Tudela, Carlos - 2012

The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labor market with different abilities and firms differ in their productivities. Wages are dispersed...

Persistent link: https://www.econbiz.de/10013098341

Multitasking and Wages

Görlich, Dennis; Snower, Dennis J. - 2021

This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...

Persistent link: https://www.econbiz.de/10013315748

The East German Wage Structure after Transition

Orlowski, Robert; Riphahn, Regina T. - 2021

We extend the literature on transition economies' wage structures by investigating the returns to tenure and experience. This study applies recent panel data and estimation approaches that control for hitherto neglected biases. We compare the life cycle structure in East and West German wages...

Persistent link: https://www.econbiz.de/10013316418