This paper develops a search and matching model with hierarchical firms, human capital accumulation, internal promotions and on-the-job search. At the time of their market entry firms maximize present value of profits with respect to their promotion rule. Workers who are eligible for promotion...

Active labour market policies (ALMPs), which are primarily addressed to integrate (or reintegrate) into the labour market those who are on the edge of unemployment, are generally analysed in the context of a macroeconomic approach or within a micro-econometric model. A critique of the usual...

This paper investigates the effect of founders' human capital on the qualification structure of employees in newly established firms. Different corner solution outcome models are compared regarding their goodness of fit and adequacy. Based on survey data of about 1,200 new-born firms in the...

Transformation to post-industrial or knowledge-based economies causes changes in the structure of labour markets with growing demand on highly-qualified workforce. In XXI century human capital has become one of the most important production factors determining competitiveness and innovativeness...

This paper examines the role that human capital plays in firm?s strategic decisions. It focuses on long-distance corporate relocations which present certain trade-offs in terms of human capital and modifies firms? relationship with the labour force. It is assessed to what extent having (an...

The decision to become an entrepreneur is in essence an individual decision. But even when the endowments of inhabitants are taken into account, some regions have persistently higher entrepreneurship rates than others. Proposed explanations for this regional variation are numerous: market...

The aim of this paper is to assess the role played by creativity and other components of human capital on the process of economic growth for 257 regions in the 27 member countries of the European Union. We first decompose the regional human capital endowment to distinguish between the...

We analyze the timing of birth of the first three children based on German panel data (GSOEP) within a hazard rate framework. A random effects estimator is used to accommodate correlation across spells. We consider the role of human capital - approximated by a Mincer-type regression - and its...

Maryna Tverdostup, Tiiu Paas, ERSA 2016: The paper focuses on the identification of the unique, non-reached by the opposite gender human capital and the analysis of its effect on the earning profiles of unique human capital holders. The overwhelming research aim is to better understand the...