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作者:Moen, J
作者单位:Norwegian School of Economics (NHH)
摘要:Labor mobility is considered to be an important source of knowledge externalities, making it difficult for firms to appropriate returns to research and development (R&D). Interfirm transfers of knowledge embodied in people should be analyzed within a human capital framework. Testing such a framework, I find that the technical staff in R&D-intensive firms pays for the knowledge they accumulate on the job through lower wages early in their career. They later earn a return on these implicit inves...
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作者:Balmaceda, F
作者单位:Universidad de Chile
摘要:This article analyzes firm and worker's incentives to invest in general and specific training when these are separable in the production technology and wages are determined by the outside-option principle. It is shown that firms pay for general training, while workers receive the full return on it, and firms and workers share both the costs and benefits of specific training. The case of delayed general training is also studied. When general training is delayed, it is shown that the strategic c...
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作者:Meng, X; Gregory, RG
作者单位:Australian National University
摘要:This article investigates the assimilation role of intermarriage between immigrants and natives. Intermarried immigrants earn significantly higher incomes than endogamously married immigrants, even after we take account of human capital endowments and endogeneity of intermarriage. The premium does not appear to be a reward for unobservable individual characteristics. Natives who intermarry do not receive this premium, nor do immigrants who intermarry into another ethnic group. The premium is m...
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作者:James-Burdumy, S
摘要:The effect of maternal employment on child development is examined using fixed effects models. Hausman tests suggest that ordinary least squares models produce biased and inconsistent estimates. Fixed effects results show that only one of three tests ( PIAT math) was negatively affected by maternal hours and weeks worked in year 1 of the child's life. The PIAT reading score was negatively affected by weeks worked in year 1 but not hours worked in year 1. None of the tests were affected by week...
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作者:Krueger, AB
作者单位:Princeton University; National Bureau of Economic Research
摘要:Beginning in 1997, the price of concert tickets took off and ticket sales declined. From 1996 to 2003, for example, the average concert price increased by 82%, while the CPI increased by 17%. Explanations for price growth include ( 1) the possible crowding out of the secondary ticket market, ( 2) rising superstar effects, ( 3) Baumols and Bowen's disease, ( 4) increased concentraion of promoters, and ( 5) the erosion of complementarities between concerts and album sales because of file sharing...
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作者:Christensen, BJ; Lentz, R; Mortensen, DT; Neumann, GR; Werwatz, A
作者单位:Aarhus University; Boston University; Northwestern University; University of Iowa; University of Potsdam
摘要:The article structually estimates an on-the-job search model of job separations. Given each employer pays observably equivalent workers the same but wages are dispersed across employers, an employer's separation flow is the sum of an exogenous outflow unrelated to the wage and a job-to-job flow that decreases with the employer's wage. Using data from the Danish Integrated Database for Labour Market Research, the empirical results imply, as predicted by theory, that search effort declines with ...
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作者:Kaushal, N
作者单位:Columbia University
摘要:The Personal Responsibility and Work Opportunity Reconciliation Act denied legal noncitizens who arrived in the United States after August 1996 access to means-tested federal benefits for the first 5 years. However, using state funds, a number of states restored some of the benefits. I use this state-level policy variation to study whether newly arrived immigrants make location decisions on the basis of benefit eligibility and generosity. I find that safety-net programs have little effect on t...