Arbeitspapier
Why didn't the college premium rise everywhere? Employment protection and on-the-job investment in skills
Why has the college wage premium risen rapidly in the United States since the 1980s, but not in European economies such as Germany? We argue that differences in employment protection can account for much of the gap. We develop a model in which firms and workers make relationship-specific investments in skill accumulation. The incentive to invest is stronger when employment protection creates an expectation of long-lasting matches. We argue that changes in the economic environment have reduced relationship-specific investment for less-educated workers in the United States, but not for better-protected workers in Germany.
- Language
-
Englisch
- Bibliographic citation
-
Series: SOEPpapers on Multidisciplinary Panel Data Research ; No. 1093
- Classification
-
Wirtschaft
- Subject
-
Bildungsertrag
Arbeitnehmerschutz
Betriebliches Bildungsmanagement
Bildungsinvestition
USA
Deutschland
- Event
-
Geistige Schöpfung
- (who)
-
Doepke, Matthias
Gaetani, Ruben
- Event
-
Veröffentlichung
- (who)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
-
Berlin
- (when)
-
2020
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Doepke, Matthias
- Gaetani, Ruben
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2020
Other Objects (12)
Why didn't the college premium rise everywhere? Employment protection and on-the-job investment in skills
Why Didn't the College Premium Rise Everywhere? Employment Protection and On-the-Job Investment in Skills
Will the skill-premium in the Netherlands rise in the next decades
Will the skill-premium in the Netherlands rise in the next decades
Will the skill-premium in the Netherlands rise in the next decades?
Will the skill premium in the Netherlands rise in the next decades?
On-the-job search and sorting
On-the-job search and sorting
On-the-Job Search and Sorting
On-the-Job Search and City Structure
On-the-Job Signaling and Self-Confidence
Unemployment Equilibrium and On-the-Job Search
Why didn't the college premium rise everywhere? Employment protection and on-the-job investment in skills
Why Didn't the College Premium Rise Everywhere? Employment Protection and On-the-Job Investment in Skills
Will the skill-premium in the Netherlands rise in the next decades
Will the skill-premium in the Netherlands rise in the next decades
Will the skill-premium in the Netherlands rise in the next decades?
Will the skill premium in the Netherlands rise in the next decades?
On-the-job search and sorting
On-the-job search and sorting
On-the-Job Search and Sorting
On-the-Job Search and City Structure
On-the-Job Signaling and Self-Confidence
Unemployment Equilibrium and On-the-Job Search
Why didn't the college premium rise everywhere? Employment protection and on-the-job investment in skills
Why Didn't the College Premium Rise Everywhere? Employment Protection and On-the-Job Investment in Skills
Will the skill-premium in the Netherlands rise in the next decades
Will the skill-premium in the Netherlands rise in the next decades
Will the skill-premium in the Netherlands rise in the next decades?
Will the skill premium in the Netherlands rise in the next decades?
On-the-job search and sorting
On-the-job search and sorting
On-the-Job Search and Sorting
On-the-Job Search and City Structure
On-the-Job Signaling and Self-Confidence