Firm training, public policy and institutions:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Abschlussarbeit Buch |
| Sprache: | English |
| Veröffentlicht: |
2006
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| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | 119 S. graph. Darst. |
Internformat
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Datensatz im Suchindex
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| adam_text | Table of Contents
1 Firing Costs 1
1.1 Abstract 1
1.2 Introduction 2
1.3 General description 5
1.4 The model 8
1.4.1 Value functions 8
1.4.2 Wages 11
1.4.3 Probabilities 13
1.5 Solution of the model 16
1.5.1 Investment decision 16
1.5.2 Inefficiencies 18
1.5.3 Closing the model 19
1.6 Firing costs 20
1.6.1 Effect on human capital 20
1.6.2 Effect on unemployment 20
1.7 Numerical Simulations 22
1.7.1 Calibration 22
1.7.2 Results 23
1.8 Conclusion 29
1.9 References 31
2 Wage Rigidity 35
2.1 Abstract 35
2.2 Introduction 36
2.3 Empirical Literature 37
2.4 Wage setting 40
2.5 General structure of the Model 43
2.6 Benchmark 45
2.6.1 Value functions 45
2.6.2 Wages 49
v
2.6.3 Wage compression 50
2.6.4 Training 50 j
2.7 Rigidity model 52 i
2.7.1 Value functions 52
2.7.2 Wages 55
2.7.3 Discussion of thresholds 57
2.7.4 Training 59
2.8 Conclusion 61
2.9 References 62
2.10 Appendix A: wage compression in the benchmark 65
2.11 Appendix B: wage rule of the rigidity model 66
2.12 Appendix C: wage compression in the rigidity model 68
3 Public Policy 71
3.1 Abstract 71
3.2 Introduction 72
3.3 General Description 75
3.4 The Model 77
3.4.1 Description of Firms 77
3.4.2 Description of Workers 79
3.4.3 Wages 80
3.4.4 Unemployment 82
3.4.5 Probabilities 83
3.4.6 Training 84
3.4.7 Market tightness and firm training 85
3.4.8 Capital Investment 87
3.4.9 The human capital of unemployed workers 88
3.5 Steady State 89
3.6 Out of steady state dynamics 93
3.7 Welfare Analysis 98
3.7.1 Training 98
3.7.2 Investment 100
3.7.3 Welfare Measure 101
3.8 Discussion of fiscal policy 102
3.8.1 Calibration 102
3.8.2 Introduction of capital taxes 1°4
3.8.3 Training Subsidy Ill
3.8.4 Combination of Taxation and Subsidy 113
3.9 Conclusion 113
3.10 References 115
3.11 Appendix A: Derivation of wage 117
3.12 Appendix B: Effect of labor market tightness on wage compression 117
3.13 Appendix C: Effect of unemployment on average HC 118
3.14 Appendix D: Effect of average human capital on market tightness 118
List of Figures
1.1 Life cycle 6
1.2 Time path 7
1.3 Effect of Firing Costs on Training 24
1.4 Effect of Firing Costs on Unemployment 25
1.5 Absolut change in Unemployment 26
1.6 Relative Change in Unemployment 26
1.7 Relative Change in Unemployment II 27
1.8 Effect of Firing Costs on Job finding Rates 28
1.9 Effect of Variance on Unemployment 29
2.1 Log real wage changes 38
2.2 Time path 44
2.3 Value functions of the second Period Flexible Wages 48
2.4 Value functions of the second Period Rigidity model 54
3.1 Effect of Tightness when Training is specific 86
3.2 Effect of Tightness when Training is general 87
3.3 Stationary Equilibrium 92
3.4 Transition to Steady State 96
3.5 Degenerate Case 97
3.6 Isolated Tightness Effect 105
3.7 Isolated Productivity Effect 106
3.8 Shock with both Effects 107
I ix
List of Tables
1.1 Parameters of the Numerical Model 23
3.1 Parameters of the Numerical Model 103
3.2 Effect of Capital Income Tax on Average Human Capital .... 108
3.3 Effect of Capital Income Tax on Welfare 109
3.4 Effect of Capital Income Tax on Human Capital lower e . . . 110
3.5 Effect of Capital Income Tax on Welfare lower e Ill
3.6 Effect of Training Subsidies on Physical Capital 112
3.7 Effect of Training Subsidies on Welfare 112
xi
|
| adam_txt |
Table of Contents
1 Firing Costs 1
1.1 Abstract 1
1.2 Introduction 2
1.3 General description 5
1.4 The model 8
1.4.1 Value functions 8
1.4.2 Wages 11
1.4.3 Probabilities 13
1.5 Solution of the model 16
1.5.1 Investment decision 16
1.5.2 Inefficiencies 18
1.5.3 Closing the model 19
1.6 Firing costs 20
1.6.1 Effect on human capital 20
1.6.2 Effect on unemployment 20
1.7 Numerical Simulations 22
1.7.1 Calibration 22
1.7.2 Results 23
1.8 Conclusion 29
1.9 References 31
2 Wage Rigidity 35
2.1 Abstract 35
2.2 Introduction 36
2.3 Empirical Literature 37
2.4 Wage setting 40
2.5 General structure of the Model 43
2.6 Benchmark 45
2.6.1 Value functions 45
2.6.2 Wages 49
v
2.6.3 Wage compression 50
2.6.4 Training 50 j
2.7 Rigidity model 52 i
2.7.1 Value functions 52
2.7.2 Wages 55
2.7.3 Discussion of thresholds 57
2.7.4 Training 59
2.8 Conclusion 61
2.9 References 62
2.10 Appendix A: wage compression in the benchmark 65
2.11 Appendix B: wage rule of the rigidity model 66
2.12 Appendix C: wage compression in the rigidity model 68
3 Public Policy 71
3.1 Abstract 71
3.2 Introduction 72
3.3 General Description 75
3.4 The Model 77
3.4.1 Description of Firms 77
3.4.2 Description of Workers 79
3.4.3 Wages 80
3.4.4 Unemployment 82
3.4.5 Probabilities 83
3.4.6 Training 84
3.4.7 Market tightness and firm training 85
3.4.8 Capital Investment 87
3.4.9 The human capital of unemployed workers 88
3.5 Steady State 89
3.6 Out of steady state dynamics 93
3.7 Welfare Analysis 98
3.7.1 Training 98
3.7.2 Investment 100
3.7.3 Welfare Measure 101
3.8 Discussion of fiscal policy 102
3.8.1 Calibration 102
3.8.2 Introduction of capital taxes 1°4
3.8.3 Training Subsidy Ill
3.8.4 Combination of Taxation and Subsidy 113
3.9 Conclusion 113
3.10 References 115
3.11 Appendix A: Derivation of wage 117
3.12 Appendix B: Effect of labor market tightness on wage compression 117
3.13 Appendix C: Effect of unemployment on average HC 118
3.14 Appendix D: Effect of average human capital on market tightness 118
List of Figures
1.1 Life cycle 6
1.2 Time path 7
1.3 Effect of Firing Costs on Training 24
1.4 Effect of Firing Costs on Unemployment 25
1.5 Absolut change in Unemployment 26
1.6 Relative Change in Unemployment 26
1.7 Relative Change in Unemployment II 27
1.8 Effect of Firing Costs on Job finding Rates 28
1.9 Effect of Variance on Unemployment 29
2.1 Log real wage changes 38
2.2 Time path 44
2.3 Value functions of the second Period Flexible Wages 48
2.4 Value functions of the second Period Rigidity model 54
3.1 Effect of Tightness when Training is specific 86
3.2 Effect of Tightness when Training is general 87
3.3 Stationary Equilibrium 92
3.4 Transition to Steady State 96
3.5 Degenerate Case 97
3.6 Isolated Tightness Effect 105
3.7 Isolated Productivity Effect 106
3.8 Shock with both Effects 107
I ix
List of Tables
1.1 Parameters of the Numerical Model 23
3.1 Parameters of the Numerical Model 103
3.2 Effect of Capital Income Tax on Average Human Capital . 108
3.3 Effect of Capital Income Tax on Welfare 109
3.4 Effect of Capital Income Tax on Human Capital lower e . . . 110
3.5 Effect of Capital Income Tax on Welfare lower e Ill
3.6 Effect of Training Subsidies on Physical Capital 112
3.7 Effect of Training Subsidies on Welfare 112
xi |
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| spelling | Lechthaler, Wolfgang Verfasser aut Firm training, public policy and institutions by Wolfgang Lechthaler 2006 119 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier St. Gallen, Univ., Diss., 2006 Arbeitspolitik (DE-588)4112577-0 gnd rswk-swf Kündigung (DE-588)4033412-0 gnd rswk-swf Entlassung (DE-588)4152363-5 gnd rswk-swf Betriebliche Ausbildung (DE-588)4006141-3 gnd rswk-swf Kosten (DE-588)4032579-9 gnd rswk-swf Lohnstarrheit (DE-588)4139092-1 gnd rswk-swf Betriebliche Fortbildung (DE-588)4069377-6 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Betriebliche Ausbildung (DE-588)4006141-3 s Lohnstarrheit (DE-588)4139092-1 s DE-604 Betriebliche Fortbildung (DE-588)4069377-6 s Entlassung (DE-588)4152363-5 s Kündigung (DE-588)4033412-0 s Kosten (DE-588)4032579-9 s Arbeitspolitik (DE-588)4112577-0 s b DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014790930&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Lechthaler, Wolfgang Firm training, public policy and institutions Arbeitspolitik (DE-588)4112577-0 gnd Kündigung (DE-588)4033412-0 gnd Entlassung (DE-588)4152363-5 gnd Betriebliche Ausbildung (DE-588)4006141-3 gnd Kosten (DE-588)4032579-9 gnd Lohnstarrheit (DE-588)4139092-1 gnd Betriebliche Fortbildung (DE-588)4069377-6 gnd |
| subject_GND | (DE-588)4112577-0 (DE-588)4033412-0 (DE-588)4152363-5 (DE-588)4006141-3 (DE-588)4032579-9 (DE-588)4139092-1 (DE-588)4069377-6 (DE-588)4113937-9 |
| title | Firm training, public policy and institutions |
| title_auth | Firm training, public policy and institutions |
| title_exact_search | Firm training, public policy and institutions |
| title_exact_search_txtP | Firm training, public policy and institutions |
| title_full | Firm training, public policy and institutions by Wolfgang Lechthaler |
| title_fullStr | Firm training, public policy and institutions by Wolfgang Lechthaler |
| title_full_unstemmed | Firm training, public policy and institutions by Wolfgang Lechthaler |
| title_short | Firm training, public policy and institutions |
| title_sort | firm training public policy and institutions |
| topic | Arbeitspolitik (DE-588)4112577-0 gnd Kündigung (DE-588)4033412-0 gnd Entlassung (DE-588)4152363-5 gnd Betriebliche Ausbildung (DE-588)4006141-3 gnd Kosten (DE-588)4032579-9 gnd Lohnstarrheit (DE-588)4139092-1 gnd Betriebliche Fortbildung (DE-588)4069377-6 gnd |
| topic_facet | Arbeitspolitik Kündigung Entlassung Betriebliche Ausbildung Kosten Lohnstarrheit Betriebliche Fortbildung Hochschulschrift |
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