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Noncognitive skills in economics: Models, measurement, and empirical evidence

Thiel, Hendrik; Thomsen, Stephan L. - 2009

There is an increasing economic literature considering personality. This paper provides an overview on the role of …. Based on the relevant literature from different disciplines, the common psychometric measures used to assess personality are … discussed. A recently proposed theoretical framework of human capital production takes personality explicitly into account. It …

Persistent link: https://www.econbiz.de/10010299499

Noncognitive skills in economics: Models, measurement, and empirical evidence

Thiel, Hendrik; Thomsen, Stephan L. - 2011

There is an increasing economic literature considering personality traits as a source of individual differences in … disciplines, the common psychometric measures used to assess personality are discussed and critical assumptions for their … application are highlighted. We sketch current research that aims at incorporating personality traits into economic models of …

Persistent link: https://www.econbiz.de/10010307839

Nomination contests: theory and empirical evidence from professional soccer

Miklós-Thal, Jeanine; Ullrich, Hannes - 2009

This paper develops a theory of contests based on perceived abilities, and provides evidence for the predictions of this theory using panel data from professional soccer. We examine how soccer players perform in club matches during the informal)nomination contests for national teams prior to an...

Persistent link: https://www.econbiz.de/10010298810

Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments

Hempell, Thomas - 2003

This paper explores whether investments in information and communication technologies (ICT) and firm?sponsored training programmes are complementary. Three approaches are applied to panel data from German service companies for the time period 1994?98. Results for a system of interrelated factor...

Persistent link: https://www.econbiz.de/10010297271

Rising Wage Inequality in Germany

Gernandt, Johannes; Pfeiffer, Friedhelm - 2006

This paper investigates the evolution of wages and the recent tendency to rising wage inequality in Germany, based on the German Socio-Economic Panel (GSOEP) for 1984 to 2004. Between 1984 and 1994 the wage distribution was fairly stable. Wage inequality started to increase around 1994 in...

Persistent link: https://www.econbiz.de/10010297527

Innovations induce asymmetric employment movements

Zwick, Thomas - 1999

This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...

Persistent link: https://www.econbiz.de/10010297625

Human capital creates insider power

Muysken, Joan; Zwick, Thomas - 1999

This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...

Persistent link: https://www.econbiz.de/10010297626

Wage divergence and unemployment: the impact of insider power and training costs

Muysken, Joan; Zwick, Thomas - 2000

The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...

Persistent link: https://www.econbiz.de/10010297700

Rising Wage Inequality in Germany

Gernandt, Johannes; Pfeiffer, Friedhelm - 2006

The paper investigates the evolution of wages and wage inequality in Germany based on samples from the German Socio-Economic Panel (GSOEP) 1984 to 2005. Real gross hourly wages for prime age dependent male workers increased on average by 23 percent between 1984 and 1994 in West Germany and the...

Persistent link: https://www.econbiz.de/10010297934

Ungleichheit und die differentiellen Erträge frühkindlicher Bildungsinvestitionen im Lebenszyklus

Pfeiffer, Friedhelm; Reuß, Karsten - 2008

Um Hinweise für die Erträge von Investitionen in die Fähigkeiten von Kindern im Vorschulalter geben zu können, möchten wir in diesem Beitrag die Ergebnisse von Simulationen zur Diskussion stellen. Der Humankapitalerwerb wird als Funktion von kognitiven und nichtkognitiven Fähigkeiten...

Persistent link: https://www.econbiz.de/10010297996