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Labor Market Institutions and Capital Accumulation

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Release : 2005
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Book Synopsis Labor Market Institutions and Capital Accumulation by : Anna Rendina

Download or read book Labor Market Institutions and Capital Accumulation written by Anna Rendina. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt:

Capital Accumulation, Labour Market Institutions, and Unemployment in the Medium Run

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Release : 2008
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Book Synopsis Capital Accumulation, Labour Market Institutions, and Unemployment in the Medium Run by : Engelbert Stockhammer

Download or read book Capital Accumulation, Labour Market Institutions, and Unemployment in the Medium Run written by Engelbert Stockhammer. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Search, Informality, and On-the-Job Human Capital Accumulation

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Release : 2019
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Book Synopsis Labor Market Search, Informality, and On-the-Job Human Capital Accumulation by : Matteo Bobba

Download or read book Labor Market Search, Informality, and On-the-Job Human Capital Accumulation written by Matteo Bobba. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: We develop a search and matching model where firms and workers produce output that depends both on match-specific productivity and on worker-specific human capital. The human capital is accumulated while working but depreciates while searching for a job. Jobs can be formal or informal and firms post the formality status. The equilibrium is characterized by an endogenous steady state distribution of human capital and by an endogenous formality rate. The model is estimated on longitudinal labor market data for Mexico. Human capital accumulation on-the-job is responsible for more than half of the overall value of production and upgrades more quickly while working formally than informally. Policy experiments reveal that the dynamics of human capital accumulation magnifies the negative impact on productivity of the labor market institutions that give raise to informality.

Trade and Human Capital Accumulation

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Release : 2007
Genre : Comparative Advantage
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Book Synopsis Trade and Human Capital Accumulation by : Dörte Dömeland

Download or read book Trade and Human Capital Accumulation written by Dörte Dömeland. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt: This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered.

Social Structures of Accumulation

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Release : 1994-08-26
Genre : Business & Economics
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Book Rating : 044/5 ( reviews)

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Book Synopsis Social Structures of Accumulation by : David M. Kotz

Download or read book Social Structures of Accumulation written by David M. Kotz. This book was released on 1994-08-26. Available in PDF, EPUB and Kindle. Book excerpt: The social structure of accumulation (SSA) approach seeks to explain the long-term fortunes of capitalist economies in terms of the effect of political and economic institutions on growth rates. This book offers an ideal introduction to this powerful tool for understanding capitalist growth, analysing the social and economic differences between countries and the reasons for the successes and failures of institutional reform. The contributors cover a wide range of topics, including the theoretical basis of the SSA approach, the postwar financial system, Marxian and Keynesian theories of economic crisis, labour-management relations, race and gender issues, and the history of institutional innovation. Combining newly written essays with classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.

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