Firm Specific Human Capital Vs Job Matching
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Firm Specific Human Capital Vs Job Matching
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Author : Erwan Quintin
language : en
Publisher:
Release Date : 2003
Firm Specific Human Capital Vs Job Matching written by Erwan Quintin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.
Firm Specific Human Capital Job Matching And Turnover
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Author : A. Glenn
language : en
Publisher:
Release Date : 2001
Firm Specific Human Capital Job Matching And Turnover written by A. Glenn and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
The two dominant labor market turnover hypotheses, the firm-specific human capital model (FSHCM) and the job-matching model, suggest different patterns of player mobility in major league baseball. The matching hypothesis predicts greater mobility of players in positions that require substantial team production. A better match may offer large productivity gains. Alternately, the FSHCM predicts players in positions requiring the greatest amount of teamwork will benefit from specific knowledge, making them less likely to change teams. We examine the frequency distribution of trades by player position from 1900-1992 and find the FSHCM provides the best explanation for turnover in this industry.
Career Networks And Job Matching Evidence On The Microeconomic Foundations Of Human Capital Externalities
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Author : Daniel F. Heuermann
language : en
Publisher:
Release Date : 2012
Career Networks And Job Matching Evidence On The Microeconomic Foundations Of Human Capital Externalities written by Daniel F. Heuermann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Inspired by the literature on the importance of career networks for the quality of labor market matches we investigate whether human capital externalities arise from higher job matching efficiency in skilled regions. Using two samples of highly qualified workers in Germany, we find that increasing the regional share of highly qualified workers by one standard deviation raises wages on the incidence of job change by up to three percent, pointing to the importance of improved job matching opportunities in human capital rich regions as a microeconomic source of human capital externalities. Evidence on regional differences in job change behavior suggests that human capital networks enable young workers to change jobs more easily and to thereby increase matching efficiency, which in turn reduces the overall number of job changes needed until an efficient match is reached. Benefits from improved matching opportunities predominantly arise from human capital networks enabling workers in skilled regions to change jobs within an industry and, thus, to capitalize on their industry-specific human capital.
The Analysis Of Firms And Employees
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Author : Stefan Bender
language : en
Publisher: University of Chicago Press
Release Date : 2009-05-15
The Analysis Of Firms And Employees written by Stefan Bender and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-05-15 with Business & Economics categories.
The long-term impact of globalization, outsourcing, and technological change on workers is increasingly being studied by economists. At the nexus of labor economics, industry studies, and industrial organization, The Analysis of Firms and Employees presents new findings about these impacts by examining the interaction between the internal workings of businesses and outside influences from the market using data from countries around the globe. The result is enhanced insight into the dynamic interrelationship between firms and workers. A distinguished team of researchers here examines the relationships between human resource practices and productivity, changing ownership and production methods, and expanding trade patterns and firm competitiveness. With analyses of large-scale, nationwide datasets as well as focused, intensive observation of a few firms, The Analysis of Firms and Employees will challenge economists, policymakers, and scholars alike to rethink their assumptions about the workplace.
Firm Specific Human Capital
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Author : Edward P. Lazear
language : en
Publisher:
Release Date : 2003
Firm Specific Human Capital written by Edward P. Lazear and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Bonuses (Employee fringe benefits) categories.
One problem with the theory of firm-specific human capital is that it is difficult to generate convincing examples of investment that could generate the sometimes observed large and continuing effects on earnings. Another approach, called the skill-weights' view, allows all skills to be general in that there are other firms that use each of the skills. But firms use them in different combinations and with different weights attached to them. The skill-weights view not only has aesthetic appeal, but is consistent with the frequently observed large tenure effects. All of the implications of the traditional view are produced by this approach, and there are a number of other implications that distinguish the new view from the traditional one. The empirical evidence already contains some support for the skill-weights view.
Job Ladder Human Capital And The Cost Of Job Loss
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Author : Richard Audoly
language : en
Publisher:
Release Date : 2022
Job Ladder Human Capital And The Cost Of Job Loss written by Richard Audoly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with Human capital categories.
High-tenure workers who lose their jobs experience a large and prolonged fall in wages and earnings. The aim of this paper is to understand and quantify the forces behind this empirical regularity. We propose a structural model of the labor market with heterogeneous firms, on-the-job search and accumulation of specific and general human capital. Jobs are destroyed at an endogenous rate due to idiosyncratic productivity shocks and the skills of workers depreciate during periods of non-employment. The model is estimated on German Social Security data. By jointly matching moments related to workers' mobility and wages, the model can replicate the size and persistence of the losses in earnings and wages observed in the data. We find that the loss of a job with a more productive employer is the primary driver of the cumulative wage losses following displacement (about 50 percent), followed by the loss of firm-specific human capital (about 30 percent).
Handbook Of Research On Strategic Human Capital Resources
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Author : Anthony J. Nyberg
language : en
Publisher: Edward Elgar Publishing
Release Date : 2019-12-27
Handbook Of Research On Strategic Human Capital Resources written by Anthony J. Nyberg and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-27 with Business & Economics categories.
Strategic human capital resources are a relatively new construct with a scholarly literature that is still evolving. Work in this area requires the integration of multiple theoretical perspectives and empirical approaches, but that integration rarely occurs. Within these pages, the editors have combined the voices of leading scholars from a wide range of disciplinary backgrounds to provide a comprehensive introduction to the current state of the field.
The Importance Of Firm Specific Human Capital
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Author : Nancy E. Cole
language : en
Publisher:
Release Date : 1993
The Importance Of Firm Specific Human Capital written by Nancy E. Cole and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Employees categories.
Labor Market Search Informality And On The Job Human Capital Accumulation
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Author : Matteo Bobba
language : en
Publisher:
Release Date : 2019
Labor Market Search Informality And On The Job Human Capital Accumulation written by Matteo Bobba and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
We develop a search and matching model where firms and workers produce output that depends both on match-specific productivity and on worker-specific human capital. The human capital is accumulated while working but depreciates while searching for a job. Jobs can be formal or informal and firms post the formality status. The equilibrium is characterized by an endogenous steady state distribution of human capital and by an endogenous formality rate. The model is estimated on longitudinal labor market data for Mexico. Human capital accumulation on-the-job is responsible for more than half of the overall value of production and upgrades more quickly while working formally than informally. Policy experiments reveal that the dynamics of human capital accumulation magnifies the negative impact on productivity of the labor market institutions that give raise to informality.
The Determinants Of On The Job Search
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Author : Andrés Fuentes
language : en
Publisher:
Release Date : 2002
The Determinants Of On The Job Search written by Andrés Fuentes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Job hunting categories.