General Training Under Asymmetric Information

General Training Under Asymmetric Information PDF Author: Eliakim Katz
Publisher:
ISBN:
Category : Employees
Languages : en
Pages : 38

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Book Description
Firms are unlikely to provide their employees with general training that makes them more desirable to competing firms. They are more likely to provide such training if it is difficult for other firms to measure the value of the training.

General Training Under Asymmetric Information

General Training Under Asymmetric Information PDF Author: Eliakim Katz
Publisher:
ISBN:
Category : Employees
Languages : en
Pages : 38

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Book Description
Firms are unlikely to provide their employees with general training that makes them more desirable to competing firms. They are more likely to provide such training if it is difficult for other firms to measure the value of the training.

Shared Investment in General Training

Shared Investment in General Training PDF Author: Eliakim Katz
Publisher: World Bank Publications
ISBN:
Category : Capacitacion en el empleo
Languages : en
Pages : 33

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Book Description
Making it difficult for a (recruiting) firm to know how much a worker has been trained increases a (training) firm's incentive to offer workers general training. Both minimum wage legislation and training certification discourage on- the- job- training.

Asset Pricing Under Asymmetric Information

Asset Pricing Under Asymmetric Information PDF Author: Markus Konrad Brunnermeier
Publisher: Oxford University Press, USA
ISBN: 9780198296980
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
The role of information is central to the academic debate on finance. This book provides a detailed, current survey of theoretical research into the effect on stock prices of the distribution of information, comparing and contrasting major models. It examines theoretical models that explain bubbles, technical analysis, and herding behavior. It also provides rational explanations for stock market crashes. Analyzing the implications of asymmetries in information is crucial in this area. This book provides a useful survey for graduate students.

The Routledge Companion to Human Resource Development

The Routledge Companion to Human Resource Development PDF Author: Rob F. Poell
Publisher: Routledge
ISBN: 113672706X
Category : Business & Economics
Languages : en
Pages : 733

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Book Description
The field of Human Resource Development (HRD) has grown in prominence as an independent discipline from its roots in both management and education since the 1980s. There has been continual debate about the boundaries of HRD ever since. Drawing on a wide and respected international contributor base and with a focus on international markets, this book provides a thematic overview of current knowledge in HRD across the globe. The text is separated into nine sections which explore the origins of the field, adjacent and related fields, theoretical approaches, policy perspectives, interventions, core issues and concerns, HRD as a profession, HRD around the world, and emerging topics and future trends. An epilogue rounds off the volume by considering the present and future states of the discipline, and suggesting areas for further research. The Routledge Companion to Human Resource Development is an essential resource for researchers, students and HRD professionals alike.

Asymmetric Information in Financial Markets

Asymmetric Information in Financial Markets PDF Author: Ricardo N. Bebczuk
Publisher: Cambridge University Press
ISBN: 9780521797320
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
Asymmetric information (the fact that borrowers have better information than their lenders) and its theoretical and practical evidence now forms part of the basic tool kit of every financial economist. It is a phenomenon that has major implications for a number of economic and financial issues ranging from both micro and macroeconomic level - corporate debt, investment and dividend policies, the depth and duration of business cycles, the rate of long term economic growth - to the origin of financial and international crises. Asymmetric Information in Financial Markets aims to explain this concept in an accessible way, without jargon and by reducing mathematical complexity. Using elementary algebra and statistics, graphs, and convincing real-world evidence, the author explores the foundations of the problems posed by asymmetries of information in a refreshingly accessible and intuitive way.

Journal of Institutional and Theoretical Economics

Journal of Institutional and Theoretical Economics PDF Author:
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 808

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Book Description


Intermediate Microeconomics

Intermediate Microeconomics PDF Author: Patrick M. Emerson
Publisher:
ISBN:
Category : Economics
Languages : en
Pages :

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Book Description


Vocational Education and Training in Times of Economic Crisis

Vocational Education and Training in Times of Economic Crisis PDF Author: Matthias Pilz
Publisher: Springer
ISBN: 3319478567
Category : Education
Languages : en
Pages : 494

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Book Description
This book brings together a broad range of approaches and methodologies relevant to international comparative vocational education and training (VET). Revealing how youth in transition is affected by economic crises, it provides essential insights into the strengths and weaknesses of the various systems and prospects of VET in contexts ranging from North America to Europe, (e.g. Spain, Germany or the UK) to Asia (such as China, Thailand and India). Though each country examined in this volume is affected by the economic crisis in a different way, the effects are especially apparent for the young generation. In many countries the youth unemployment rate is still very high and the job perspectives for young people are often limited at best. The contributions in this volume demonstrate that VET alone cannot solve these problems, but can be used to support a smooth transition from school to work. If the quality of VET is high and the status and job expectations are good, VET can help to fill the skills gap, especially at the intermediate skill level. Furthermore, VET can also offer a realistic alternative to the university track for young people in many countries.

Financing Training

Financing Training PDF Author: Christopher Dougherty
Publisher: World Bank Publications
ISBN:
Category : Educacion vocacional
Languages : en
Pages : 74

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Book Description
The need for justifying public training programs is often under appreciated. International experience strongly indicates that the cost- effectiveness of alternative options should be taken into account in the design of such programs.

Handbook of the Economics of Education

Handbook of the Economics of Education PDF Author: Eric A. Hanushek
Publisher: Elsevier
ISBN: 0080961827
Category : Education
Languages : en
Pages : 614

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Book Description
How does education affect economic and social outcomes, and how can it inform public policy?Volume 3 of the Handbooks in the Economics of Education uses newly available high quality data from around the world to address these and other core questions. With the help of new methodological approaches, contributors cover econometric methods and international test score data. They examine the determinants of educational outcomes and issues surrounding teacher salaries and licensure. And reflecting government demands for more evidence-based policies, they take new looks at institutional feaures of school systems. Volume editors Eric A. Hanushek (Stanford), Stephen Machin (University College London) and Ludger Woessmann (Ifo Institute for Economic Research, Munich) draw clear lines between newly emerging research on the economics of education and prior work. In conjunction with Volume 4, they measure our current understanding of educational acquisition and its economic and social effects. - Uses rich data to study issues of high contemporary policy relevance - Demonstrates how education serves as an important determinant of economic and social outcomes - Benefits from the globalization of research in the economics of education