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* 18 Results

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    • Publications (18)
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  • Tags: Human Capital
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  1. Publication

    The Welfare Costs of HIV/AIDS in Eastern Europe: An Empirical Assessment Using the Economic Value-of-Life Approach

    01.06.2010

    Based on the aggregation of individual willingness-to-pay for a statistical life, we calibrate an inter-temporal optimisation model to determine the aggregate welfare loss from HIV/AIDS in 25 Eastern European countries. Assuming a discount rate of...

  2. Publication

    The Interaction of Firing Costs and Firm Training

    01.01.2009

    By allowing firms to invest in their workers' human capital, this paper extends the traditional analysis of firing costs with respect to two points, both of them positive in terms of welfare. On the one hand, firing restrictions reduce turnover,...

  3. Publication

    Socially optimal North–South capital transfer and technology diffusion

    26.07.2011

    We study North–South capital transfer and the diffusion of embodied technologies within a framework of intertemporal global welfare maximization. We show saddle path stability and characterize the steady state. We then examine the transition path by...

  4. Publication

    Reorganization of Firms and Labor Market Inequality

    01.01.1996

    This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We show how recent technological advances in physical and human capital can lead to the breakdown of occupational barriers, creating...

  5. Publication

    Firm Training and Wage Rigidity

    01.01.2008

    Although wage rigidity is among the most prominent subjects in modern economics, its effects on wage compression and firm training have thus far not been considered. This paper is trying to bridge this gap by using a simple two period model which...

  6. Publication

    Does Aid for Education Attract Foreign Investors? An Empirical Analysis for Latin America

    01.01.2014

    We address the question of whether foreign aid helps attract foreign direct investment (FDI). This could be achieved if well targeted aid removed critical impediments to higher FDI inflows. In particular, we test the hypothesis that aid for education...

  7. Publication

    Creativity, Education or What? On the Measurement of Regional Human Capital

    01.03.2017

    This paper substantiates the debate following Richard Florida’s suggestion to measure regional human capital by creative occupations rather than education. Consistent with Florida’s notion of creativity, it suggests a microfoundation that relates...

  8. Publication

    Explaining the East German Productivity Gap – The Role of Human Capital

    01.01.2007

    The paper concentrates on the question whether the low level of productivity in East Germany can be explained by deficits in the stock of human capital. It is shown that figures on “formal” qualifications yield a too optimistic view on human capital...

  9. Publication

    Downwards Wage Rigidity, Endogenous Separations and Firm Training

    01.09.2013

    This paper analyzes the effect of downwards wage rigidity on wage setting, wage compression and firm training. It is shown that downwards wage rigidity in future periods induces a wage penalty and increases wage compression in the present period....

  10. Publication

    Benchmarking the Future: A Dynamic, Multi-Regional, Multi-Sectoral Trade Model for the Analysis of Climate Policies

    01.04.2000

    For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi-sectoral, multi-regional dynamic computable general equilibrium model is...

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