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Source: Oxford Economic Papers
Resulting in 2 citations.
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Groen, Jeffrey |
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Occupation-Specific Human Capital and Local Labour Markets Oxford Economic Papers 58,4 (October 2006): 722-741. Also: http://oep.oxfordjournals.org/content/58/4/722.abstract Cohort(s): NLSY79 Publisher: Oxford University Press Keyword(s): Current Population Survey (CPS) / CPS-Fertility Supplement; Employer Opportunity Pilot Project (EOPP); Human Capital; Local Labor Market; Market Size; Occupations; Training, On-the-Job Permission to reprint the abstract has not been received from the publisher. Most skills acquired through on-the-job training may be specific to an occupation and therefore transferable to some but not all firms. This paper explores the relationship between the size of the local market for an occupation-specific skill and job-training outcomes. The Stevens (1994) model of training predicts that as market size increases, job turnover increases and training becomes more general. I test these predictions using data on blue-collar workers and variation in market size across US metropolitan areas. The empirical results support the theoretical predictions and the impacts are most relevant at low levels of market size. |
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Bibliography Citation
Groen, Jeffrey. "Occupation-Specific Human Capital and Local Labour Markets." Oxford Economic Papers 58,4 (October 2006): 722-741.
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| 2. |
Williams, Geoffrey |
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The Thief's Wages: Theft and Human Capital Development Oxford Economic Papers 70,2 (1 April 2018): 443-467. Also: https://academic.oup.com/oep/article/70/2/443/4372431 Cohort(s): NLSY97 Publisher: Oxford University Press Keyword(s): Aptitude; Armed Forces Qualifications Test (AFQT); Crime; Health, Mental; Human Capital Permission to reprint the abstract has not been received from the publisher. In this paper, a model is developed to investigate whether theft can be economically rational. It is shown that heterogeneity in capital accumulation rates (or 'learning ability') cannot create any noticeable difference in incentives to steal. Further heterogeneity in instantaneous opportunity cost is both too low and runs in the wrong direction to have any explanatory role. However, heterogeneity in discount rates in combination with differences in initial human capital can create an incentive for theft. The model is calibrated from the National Longitudinal Study of Youth 1997 with data from 1997 to 2011. |
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Bibliography Citation
Williams, Geoffrey. "The Thief's Wages: Theft and Human Capital Development ." Oxford Economic Papers 70,2 (1 April 2018): 443-467.
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