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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/10003903035

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

Thiel, Hendrik; Thomsen, Stephan L. - 2011 - Revised version: November 15, 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/10009424169

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/10003857722

The productivity effects of worker replacement in young firms

Murmann, Martin - 2017

Existing management research has so far dealt with the consequences of labor turnover for established firms, but has not addressed its effect on young entrepreneurial businesses. In this paper I assess, both theoretically and empirically, the productivity effects of worker replacement in young...

Persistent link: https://www.econbiz.de/10011606997

Local labor market size and qualification mismatch

Berlingieri, Francesco - 2017

This paper investigates the effect of the size of the local labor market on skill mismatch. Using survey data for Germany, I find that workers in large cities are both less likely to be overqualified for their job and to work in a different field than the one they are trained for. Different...

Persistent link: https://www.econbiz.de/10011752572

Mohrenweiser, Jens; Wydra-Sommaggio, Gaby; Zwick, Thomas - 2015 - This version August 2015

This paper addresses the puzzle how employers that invest in general human capital can gain an information advantage with respect to the ability of their employees when training is certified by credible external institutions. We apply an established model from the employer-learning literature...

Persistent link: https://www.econbiz.de/10011316529

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/10011442671

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/10011442687

Wages in the East German transition process : facts and explanations

Franz, Wolfgang; Steiner, Viktor - 1999

We analyze wage developments in the East German transition process both at the macro and at the microeconomic level. At the macroeconomic level, we draw special attention to the important distinction between product and consumption wages, describe the development of various wage measures, labor...

Persistent link: https://www.econbiz.de/10011443093

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/10011444759