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Is There Scope for Policy?

Giorgia Brunello, Pietro Garibaldi, and Etienne Wasmer

in Education and Training in Europe

Published in print:
2007
Published Online:
September 2007
ISBN:
9780199210978
eISBN:
9780191705786
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199210978.003.0014
Subject:
Economics and Finance, Public and Welfare

This chapter discusses how design of training policies is strongly related to the type of market failures conducive to under-provision. The empirical evidence on the relevance of efficiency and ... More


State Spaces

Timothy Besley and Torsten Persson

in Pillars of Prosperity: The Political Economics of Development Clusters

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691152684
eISBN:
9781400840526
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691152684.003.0005
Subject:
Economics and Finance, History of Economic Thought

This chapter summarizes the lessons from Chapter 4 in the form of a function that describes endogenous political turnover. This preliminary allows us to study equilibrium investments in fiscal and ... More


The Value Added Tax

Hiromitsu Ishi

in The Japanese Tax System

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199242566
eISBN:
9780191596452
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199242569.003.0015
Subject:
Economics and Finance, South and East Asia

The value‐added tax was finally introduced in Japan in April 1989, after long‐standing trial and error by the government. The whole picture of Japan's VAT must be clarified before and after its ... More


Demand for Labor: The Neglected Side of the Market

Daniel S. Hamermesh

Corrado Giulietti (ed.)

Published in print:
2017
Published Online:
March 2017
ISBN:
9780198791379
eISBN:
9780191833847
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198791379.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

The book collects essays that revolve around the general topic of employers’ demand for labour. The focus is on labour differentiated by hours and workers, by hires, fires, quits and promotions. ... More


What Can We Learn About Firm Recruitment from the Job Openings and Labor Turnover Survey?

Éva Nagypál

in Producer Dynamics: New Evidence from Micro Data

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226172569
eISBN:
9780226172576
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226172576.003.0004
Subject:
Economics and Finance, Microeconomics

This chapter describes some methodological and conceptual issues that arise when using the Job Openings and Labor Turnover Survey (JOLTS) data. It uses the publicly available JOLTS data to ... More


Using Behavioral Economic Field Experiments at a Firm: The Context and Design of the Truckers and Turnover Project

Stephen V. Burks, Jeffrey Carpenter, Lorenz Götte, Kristen Monaco, Kay Porter, and Aldo Rustichini

in The Analysis of Firms and Employees: Quantitative and Qualitative Approaches

Published in print:
2008
Published Online:
February 2013
ISBN:
9780226042879
eISBN:
9780226042893
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226042893.003.0003
Subject:
Economics and Finance, Econometrics

The Truckers and Turnover Project is a statistical case study of a single large trucking firm and its driver employees. The cooperating firm operates in the largest segment of the for-hire trucking ... More


Wage Structure and Labor Mobility in Sweden, 1970–90

Paul Oyer

in The Structure of Wages: An International Comparison

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226470504
eISBN:
9780226470511
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226470511.003.0013
Subject:
Economics and Finance, International

This chapter presents a few more details on the Swedish labor market, and then conducts formal descriptive analyses to document these changes throughout the 1970s and 1980s. The matched ... More


Prepayment Risk Neutrality: The Concept of prOAS

Andrew Davidson and Alexander Levin

in Mortgage Valuation Models: Embedded Options, Risk, and Uncertainty

Published in print:
2014
Published Online:
August 2014
ISBN:
9780199998166
eISBN:
9780199363698
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199998166.003.0012
Subject:
Economics and Finance, Financial Economics

This chapter offers a theory that explains the origin of OAS. Observing that OAS levels differ across agency MBS types, the chapter concludes that prepayment model risk plays a fundamental role in ... More


Producer Dynamics in Agriculture Empirical Evidence

Mary Clare Ahearn, Penni Korb, and Jet Yee

in Producer Dynamics: New Evidence from Micro Data

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226172569
eISBN:
9780226172576
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226172576.003.0011
Subject:
Economics and Finance, Microeconomics

This chapter provides new statistics on the entry, exit, and growth of farms using data from the U.S. Census of Agricultures from 1978 to 1997. Entry and exit statistics can reflect sales or leases ... More


The Role of Fringe Benefits in Employer and Workforce Dynamics

Anja Decressin, Tomeka Hill, Kristin Mccue, and Martha Stinson

in Producer Dynamics: New Evidence from Micro Data

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226172569
eISBN:
9780226172576
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226172576.003.0014
Subject:
Economics and Finance, Microeconomics

This chapter explores the richness of the Longitudinal Employer-Household Dynamics (LEHD) data set by augmenting it with publicly-available data on employee benefits offered by different companies. ... More


Introduction Producer Dynamics

Timothy Dunne, J. Bradford Jensen, and Mark J. Roberts

in Producer Dynamics: New Evidence from Micro Data

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226172569
eISBN:
9780226172576
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226172576.003.0001
Subject:
Economics and Finance, Microeconomics

This book deals with the measurement and explanation of producer dynamics. The first section of the book describes the data of a project undertaken to develop comparable cross-country data on firm ... More


The Role of Retail: Chains National, Regional, and Industry Results

Ronald S. Jarmin, Shawn D. Klimek, and Javier Miranda

in Producer Dynamics: New Evidence from Micro Data

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226172569
eISBN:
9780226172576
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226172576.003.0007
Subject:
Economics and Finance, Microeconomics

This chapter addresses the entry and exit of establishments and firms in the U.S. retail sector based on analysis of the Census Bureau's newly developed Longitudinal Business Database (LBD). It ... More


Entry, Exit, and Labor Productivity in U. K. Retailing: Evidence from Micro Data

Jonathan Haskel and Raffaella Sadun

in Producer Dynamics: New Evidence from Micro Data

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226172569
eISBN:
9780226172576
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226172576.003.0008
Subject:
Economics and Finance, Microeconomics

This chapter reviews the producer dynamics and labor productivity growth in U.K. retailing. The data indicate that producer turnover in U.K. retailing improves productivity by replacing lower ... More


The Effect of Tuition Reimbursement on Turnover: A Case Study Analysis

Colleen Flaherty Manchester

in The Analysis of Firms and Employees: Quantitative and Qualitative Approaches

Published in print:
2008
Published Online:
February 2013
ISBN:
9780226042879
eISBN:
9780226042893
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226042893.003.0007
Subject:
Economics and Finance, Econometrics

Gary S. Becker's (1964) seminal work on investment in human capital makes a fundamental distinction between general and firm-specific skills, which has implications for investment and employee ... More


Creating a Bigger Pie? The Effects of Employee Ownership, Profit Sharing, and Stock Options on Workplace Performance

Joseph R. Blasi, Richard B. Freeman, Christopher Mackin, and Douglas L. Kruse

in Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-Based Stock Options

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226056951
eISBN:
9780226056968
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226056968.003.0005
Subject:
Economics and Finance, Economic History

This chapter analyzes the relationship of various forms of shared capitalist compensation to six workplace outcomes—turnover, absenteeism, perceived effort of co-workers, loyalty to the firm, ... More


Wage and Labor Mobility in Denmark, 1980–2000

Tor Eriksson and Niels Westergaard-Nielsen

in The Structure of Wages: An International Comparison

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226470504
eISBN:
9780226470511
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226470511.003.0004
Subject:
Economics and Finance, International

This chapter, which describes some key features of the labor market in Denmark, also addresses the important aspect of its functioning and flexibility: the high level of worker mobility. Then, it ... More


Big Business Stability and Social Welfare

Kathy Fogel, Randall Morck, and Bernard Yeung

in Financial Sector Development in the Pacific Rim

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226386843
eISBN:
9780226386867
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226386867.003.0024
Subject:
Economics and Finance, South and East Asia

This chapter examines whether countries with more business stability pay the price of lower growth but also reap the benefits of greater social justice. That is, it asks whether greater business ... More


Agency Pool Prepayment Models

Andrew Davidson and Alexander Levin

in Mortgage Valuation Models: Embedded Options, Risk, and Uncertainty

Published in print:
2014
Published Online:
August 2014
ISBN:
9780199998166
eISBN:
9780199363698
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199998166.003.0008
Subject:
Economics and Finance, Financial Economics

The goal of prepayment modeling is to estimate the probability of loan termination using information about the loan, the borrower, the collateral, and the economic conditions. This chapter focuses ... More


Firms, Their Workers, and Their Survival

Clair Brown

in Economic Turbulence: Is a Volatile Economy Good for America?

Published in print:
2006
Published Online:
February 2013
ISBN:
9780226076324
eISBN:
9780226076348
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226076348.003.0004
Subject:
Economics and Finance, Econometrics

This chapter explores the link between worker turnover, workforce quality, and worker pay, as well as success as measured by firm performance. More productive firms pay above-average wages to their ... More


Firm Turbulence and Job Ladders

Clair Brown

in Economic Turbulence: Is a Volatile Economy Good for America?

Published in print:
2006
Published Online:
February 2013
ISBN:
9780226076324
eISBN:
9780226076348
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226076348.003.0005
Subject:
Economics and Finance, Econometrics

This chapter investigates the effect of economic turbulence on job ladders. Even when a company offers good job ladders, only a select group of workers may be able to move “up” onto them. Men ... More


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