General Human Capital as a Shared Investment Under Asymmetric Information

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Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (63 download)

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Book Synopsis General Human Capital as a Shared Investment Under Asymmetric Information by : Shih-Chen Chiang

Download or read book General Human Capital as a Shared Investment Under Asymmetric Information written by Shih-Chen Chiang and published by . This book was released on 1988* with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Investment in Human Capital Under Endogenous Asymmetric Information

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Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (125 download)

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Book Synopsis Investment in Human Capital Under Endogenous Asymmetric Information by : Heski Bar-Isaac

Download or read book Investment in Human Capital Under Endogenous Asymmetric Information written by Heski Bar-Isaac and published by . This book was released on 2021 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: When is general training under-provided? We study this classic question in a model of a competitive labour market. Workers vary in firm-specific and general skills. Firms' choices of information disclosure play a key role. Disclosing general human capital information on bad matches, but revealing nothing about good matches, leads to an efficient allocation of workers. This also creates adverse selection that enables workers to pay for efficient training. This information structure resembles the outplacement support commonly found in professional services firms. Moreover, it implies that wages of released workers can be higher than wages of those who are retained.

Human Capital Investment Under Asymmetric Information

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Human Capital Investment Under Asymmetric Information by : Chun Chang

Download or read book Human Capital Investment Under Asymmetric Information written by Chun Chang and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This article investigates how human capital investment, labor turnover, and wages are jointly determined when the current employer knows more about a worker's productivity than potential employers. Results derived are quite different from, or unexplored by, the standard human capital theory. We show that the information asymmetry can cause an externality distortion in human capital investment because higher productivity due to the investment may not be recognized by the market. The investment level increases in the degree of firm specificity of human capital. The underinvestment problem is more severe when human capital is general than when it is firm-specific.

General Training Under Asymmetric Information

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Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis General Training Under Asymmetric Information by : Eliakim Katz

Download or read book General Training Under Asymmetric Information written by Eliakim Katz and published by . This book was released on 1989 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms are unlikely to provide their employees with general training that makes them more desirable to competing firms. They are more likely to provide such training if it is difficult for other firms to measure the value of the training.

Human Capital and Growth Under Asymmetric Information and Variable Investment Horizons

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Publisher :
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4.:/5 (385 download)

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Book Synopsis Human Capital and Growth Under Asymmetric Information and Variable Investment Horizons by : Hani R. Shammah

Download or read book Human Capital and Growth Under Asymmetric Information and Variable Investment Horizons written by Hani R. Shammah and published by . This book was released on 1997 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Shared Investment in General Training

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4./5 ( download)

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Book Synopsis Shared Investment in General Training by : Eliakim Katz

Download or read book Shared Investment in General Training written by Eliakim Katz and published by World Bank Publications. This book was released on 1990 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making it difficult for a (recruiting) firm to know how much a worker has been trained increases a (training) firm's incentive to offer workers general training. Both minimum wage legislation and training certification discourage on- the- job- training.

General Training Under Asymmetric Information

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis General Training Under Asymmetric Information by : Eliakim Katz

Download or read book General Training Under Asymmetric Information written by Eliakim Katz and published by . This book was released on 1989 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms are unlikely to provide their employees with general training that makes them more desirable to competing firms. They are more likely to provide such training if it is difficult for other firms to measure the value of the training.

Investment in Human Capital

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Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.:/5 (39 download)

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Book Synopsis Investment in Human Capital by : Lester C. Thurow

Download or read book Investment in Human Capital written by Lester C. Thurow and published by . This book was released on 1970 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The risk of investment in human capital

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Publisher : Rozenberg Publishers
ISBN 13 : 9051705840
Total Pages : 176 pages
Book Rating : 4.0/5 (517 download)

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Book Synopsis The risk of investment in human capital by : Simona Maria Raita

Download or read book The risk of investment in human capital written by Simona Maria Raita and published by Rozenberg Publishers. This book was released on 2005 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Urban Studies and Entrepreneurship

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Publisher : Springer
ISBN 13 : 3030151646
Total Pages : 288 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Urban Studies and Entrepreneurship by : Muhammad Naveed Iftikhar

Download or read book Urban Studies and Entrepreneurship written by Muhammad Naveed Iftikhar and published by Springer. This book was released on 2019-05-02 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to advance critical knowledge and practices for fostering a variety of entrepreneurship at a city level. The book aims to connect scholarship and policy practice in two disciplines: Urban Studies and Entrepreneurship. The book has included contributions from developed, emerging, and developing countries. The chapters are clubbed under five main sections; I. Startups and Entrepreneurial Opportunities, II. Knowledge Spillover, III. Social and Bureaucratic Entrepreneurialism, IV. Demography and Informal Entrepreneurs V. Perspectives from Emerging and Developing Economies. In this regard, the book explores a number of questions, such as: what are the important varieties of entrepreneurship, how can they be observed and measured, and how does each variety emerge and operate under various conditions of infrastructure and opportunity? Which type(s) of entrepreneurship should a city prefer? What can cities do to stimulate desirable forms of entrepreneurship or is it more of a spontaneous phenomenon? Why do policies that enhance entrepreneurship in some contexts seem instead to promote crony capitalism and rent-seeking in other contexts? Should cities focus on growing their own entrepreneurs and entrepreneurial enterprises or on luring them from other cities and countries? How can a collective action in a city promote (or hinder) entrepreneurship? The contributions in the present volume address head-on these questions at the intersection of urban studies, economic theory, and the practicalities of economic development and urban governance, in a genuinely global range of places and applications.

Strategic Human Resource Management

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Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Strategic Human Resource Management by : Charles R. Greer

Download or read book Strategic Human Resource Management written by Charles R. Greer and published by . This book was released on 2001 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the interaction between strategy and human resources, as approached from a general managerial perspective. Updated and revised, the Second Edition provides students with a comprehensive overview of human resource issues applied to the most current technological advances and updated investments in employment practices. The book provides an investment perspective of human resources and covers the human resource general and legal environment, strategy formulation, planning, strategy implementation, the performance impact of human resource practices and resource evaluation. For managers and executives involved with human resource issues.

Human Capital, Product Quality, and Growth

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Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Human Capital, Product Quality, and Growth by : Nancy L. Stokey

Download or read book Human Capital, Product Quality, and Growth written by Nancy L. Stokey and published by . This book was released on 1990 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growth model is developed in which finite-lived individuals invest in human capital, and investments have a positive external effect on the human capital of later cohorts. Heterogeneous labor is the only factor of production, and higher-quality labor produces higher-quality goods. Stationary growth paths, along which human capital and the quality of consumption goods grow at a common, constant rate, are studied. It is also shown that if a small economy is very advanced or very backward relative to the rest of the world, then its rate of investment in human capital is lower under free trade than under autarky.

The New Relationship

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Publisher : Brookings Institution Press
ISBN 13 : 0815723628
Total Pages : 408 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The New Relationship by : Margaret M. Blair

Download or read book The New Relationship written by Margaret M. Blair and published by Brookings Institution Press. This book was released on 2002-07-31 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human capital and organizational capital are increasingly important as a source of value in many firms. But even as this is happening, organizational forms and employment relationships appear to be changing in ways that reduce loyalty and commitment and encourage mobility on the part of employees. Are these changes consistent in ways that contradict traditional theory and wisdom, or is the corporate sector getting a temporary boost in earnings by restructuring and cutting payrolls; but failing to make necessary new investments in human capital? The essays in this book provide intriguing new evidence on these questions. The contributors quantify the degree to which job stability is declining, and the costs of job loss to long-term workers; provide historical perspective on today's workplace changes; explore the reasons why work is being reorganized and decisionmaking tasks are being pushed downward; examine the rationale for and effect of equity-based compensation systems, both in old industries and in the newest high-tech sectors; and assess the "state of the art" of measuring and accounting for investments in human capital. This book is the result of a joint Brookings-MIT conference. In addition to the editors, authors include Eileen Appelbaum, Laurie Bassi, Avner Ben-Ner, Peter Berg, Joseph Blasi, Timothy Bresnahan, Eric Brynjolfsson, Allen Burns, Peter Cappelli, Greg Dow, Lorin Hitt, Douglas Kruse, Baruch Lev, Julia Liebeskind, Jonathon Low, Daniel McMurrer, Louis Putterman, Charles Schultze, and Anthony Siesfeld.

Job Training Policy in the United States

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Publisher : W.E. Upjohn Institute
ISBN 13 : 0880993073
Total Pages : 372 pages
Book Rating : 4.8/5 (89 download)

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Book Synopsis Job Training Policy in the United States by : Christopher J. O'Leary

Download or read book Job Training Policy in the United States written by Christopher J. O'Leary and published by W.E. Upjohn Institute. This book was released on 2004 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews federally funded training programmes, notably its service providers and the way they operate. Considers issues of performance management under the Workforce Investment Act (WIA) of 1998. Compares public to private training programmes in the US and to the public training in other industrialized nations.

Advances in Understanding Strategic Behaviour

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Publisher : Springer
ISBN 13 : 0230523374
Total Pages : 359 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Advances in Understanding Strategic Behaviour by : S. Huck

Download or read book Advances in Understanding Strategic Behaviour written by S. Huck and published by Springer. This book was released on 2004-10-29 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow. The articles were written in honour of Werner Güth.

Heterogeneity in Human Capital and Economic Growth

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis Heterogeneity in Human Capital and Economic Growth by : Stefania Zotteri

Download or read book Heterogeneity in Human Capital and Economic Growth written by Stefania Zotteri and published by . This book was released on 2002 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategy and Human Resources

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Publisher :
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Strategy and Human Resources by : Charles R. Greer

Download or read book Strategy and Human Resources written by Charles R. Greer and published by . This book was released on 1995 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 8 chapter supplement to grad-level Human Resource Management courses helps students use their financial training to develop an effective human resource strategy. Covers key developments such as: Work teams, downsizing diversity, TQM, strategic alliances, internationalization, also covers the current legal environment in chapter 3.