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of employer provided training. We demonstrate that high product market competition is associated with increased training …
Persistent link: https://www.econbiz.de/10012119643
Extant literature documents a relationship between human resource management (HRM) practices and performance, but the mechanisms underlying this relationship are still not well understood. We develop a theoretical framework of the HRM-performance relationship fusing an employment systems...
Persistent link: https://www.econbiz.de/10014581054
likelihood of receiving employer provided training. Using unique linked employer-employee data from Germany, we confirm that … employees are more likely to receive training when their jobs are characterized by greater decision-making autonomy and task … variety, two essential elements of flexibility. Critically, the training associated with workplace flexibility does not simply …
Persistent link: https://www.econbiz.de/10012130993
The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...
Persistent link: https://www.econbiz.de/10012492234
This study quantitatively assesses two alternative explanations for inter-industry wage differentials: worker heterogeneity in the formof unobserved quality and firmheterogeneity in the form of a firm's willingness to pay (WTP) for workers' productive attributes. We develop an empirical hedonic...
Persistent link: https://www.econbiz.de/10012174886
This paper surveys the emerging economics literature on the relationship between employee training and firm performance …. Most studies find very high returns to training, at least from the perspective of firms, indicating that the costs of … training can be recouped in short periods of time. These results follow from different identification approaches, including …
Persistent link: https://www.econbiz.de/10012815729
This paper analyzes how interaction effects can be consistently estimated under economically plausible assumptions in linear panel models with a fixed Tdimension. We advocate for a correlated interaction term estimator (CITE) and show that it is consistent under conditions that are not...
Persistent link: https://www.econbiz.de/10015357219
Labour turnover is a crucial element of contemporary economic life. It can improve productivity if more productive workers replace less productive ones. However, in the short run, it generates sizeable labour adjustment costs (LACs), including productivity losses. This paper sheds new light on...
Persistent link: https://www.econbiz.de/10015190183
This study examines the influence of the statutory minimum wage on labor demand elasticities regarding low-skilled workers. For this, a regression discontinuity analysis is conducted using company panel data from 2013 to 2018. In addition, a possible endogeneity of the remuneration for...
Persistent link: https://www.econbiz.de/10012300027
An important goal of immigration policy is to facilitate the entry of foreignborn workers whose skills are in short supply in national labor markets. In recent decades, information and communication technology [ICT] has fueled the demand for highly educated workers at the expense of lower...
Persistent link: https://www.econbiz.de/10012703250