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New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...
Persistent link: https://www.econbiz.de/10005870600
Virtual assignments are characterized by the spatial separation of private and business life.The virtual delegate lives and interacts in one culture, yet he or she works together mainlywith people from another culture. While the virtual assignee is physically located in theheadquarters, from an...
Persistent link: https://www.econbiz.de/10005869234
The paper evaluates the performance of three popular monetary policy rules when the central bank is learning aboutthe parameter values of a simple New Keynesian model. The three policies are: (1) the optimal non-inertial rule; (2)the optimal history-dependent rule; (3) the optimal price-level...
Persistent link: https://www.econbiz.de/10005870371
Persistent link: https://www.econbiz.de/10011413036
Persistent link: https://www.econbiz.de/10010415931
This paper provides evidence on the causal relationship between education and poverty. I construct a novel database … large poverty-reducing effects of education among people aged 30 to 80. This holds true for both objective measures of … comprising compulsory schooling reforms in 32 European countries and use them as instruments for education. I find economically …
Persistent link: https://www.econbiz.de/10013208850
transition from education to the labour market. Using a unique data set on the labour market situation of graduates in nine … European countries, we investigate the significance of five characteristics of the higher education programmes: (1) The … occupations.First, our results reveal in particular the importance of the competence orientation of the education programme …
Persistent link: https://www.econbiz.de/10011147021
This paper greatly enriches the discussion on the determinants of lifelong learning of scientists and engineers (S&Es). In our analysis, which is based on a survey among S&Es in the Netherlands, we take account of both formal training and different modes of informal learning. We find that S&Es...
Persistent link: https://www.econbiz.de/10011147022
Do people choose courses to reduce work-related skill-deficiencies, and do theychoose courses deliberately? We measure the skill-deficiency for six skills andperform an experiment in which workers are offered three courses related tothese skills. They may exchange these courses for other...
Persistent link: https://www.econbiz.de/10011147023
A general conclusion of the youth job training programme (YJTP) evaluationliterature is that these programmes are more effective when completed. Yet,YJTPs suffer from substantial dropout problems. This paper studies the extent ofthe dropout phenomenon and under which circumstances dropout is...
Persistent link: https://www.econbiz.de/10011147024