Lohnstrukturverzerrung und betriebliche Ausbildung : empirische Analyse des Acemoglu-Pischke-Modells mit Daten des IAB-Betriebspanels (Wage structure bias and company training : empirical analysis of the Acemoglu-Pischke model with data from the IAB establishment panel)
"The paper examines the determinants of firms' decisions regarding training, which follow from the Acemoglu-Pischke model (APM), for their empirical content for western German firms. For this the data from the IAB establishment panel are used. Contrary to Becker's ideas of the standard model of human capital theory (1962), according to which employers do not contribute under any circumstances to financing general human capital investments, in reality a financial involvement on the part of the firms in the initial vocational training can actually be observed. Acemoglu/Pischke (1999a, 1999b) try to resolve this contradiction with the aid of a formal-analytical model. They show that employers can by all means have an incentive to invest in human capital even if the qualifications imparted are entirely general in nature. The crucial point here is the existence of wage structure biases in the sense of wage compression. In this context the two authors identify mobility costs, asymmetric information, components of firm-specific human capital, efficiency wages and wage floors, such as e.g. collectively agreed wages, as possible causes of wage structure biases. A censored regression model is used as an econometric model, which is estimated firstly with the common Tobit ML estimator and secondly with the censored least absolute deviations estimator (CLAD). The CLAD approach has the advantage over a Tobit estimate that the estimates are consistent even with heteroscedastic error factors and deviations from normal distribution. The estimate results broadly confirm the implications of the APM. However, it can also be observed that obviously not all market imperfections and institutions which lead to wage structure biases are of equal importance for firms' decisions regarding training. Whilst the model estimates support e.g. an interpretation with regard to a measurable influence of mobility costs, wage floors and the complementarity between general and specific qualifications, in particular the finding on poaching externalities seems more to limit the relevance of asymmetric information. In contrast, those findings that confirm the considerations of Acemoglu/Pischke (1998) on the high (low) quit-low (high) training equilibrium are in agreement with the APM." (Author's abstract, IAB-Doku) ((en))
Volume (Year): 35 (2002)
Issue (Month): 2 ()
|Contact details of provider:|| Postal: Regensburger Str. 104, D-90327 Nürnberg|
Web page: http://www.iab.de/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Euwals, Rob & Winkelmann, Rainer, 2001.
"Why do Firms Train? Empirical Evidence on the First Labour Market Outcomes of Graduate Apprentices,"
CEPR Discussion Papers
2880, C.E.P.R. Discussion Papers.
- Euwals, Rob & Winkelmann, Rainer, 2001. "Why Do Firms Train? Empirical Evidence on the First Labour Market Outcomes of Graduated Apprentices," IZA Discussion Papers 319, Institute for the Study of Labor (IZA).
- Daron Acemoglu & Jorn-Steffen Pischke, 1998.
"The Structure of Wages and Investment in General Training,"
NBER Working Papers
6357, National Bureau of Economic Research, Inc.
- Daron Acemoglu & Jorn-Steffen Pischke, 1999. "The Structure of Wages and Investment in General Training," Journal of Political Economy, University of Chicago Press, vol. 107(3), pages 539-572, June.
- Acemoglu, Daron & Pischke, Jörn-Steffen, 1998. "The Structure of Wages and Investment in General Training," CEPR Discussion Papers 1833, C.E.P.R. Discussion Papers.
- Acemoglu, D. & Pischke, J.S., 1997. "The Structure of Wages and Investment in General Training," Working papers 97-24, Massachusetts Institute of Technology (MIT), Department of Economics.
- Acemoglu, Daron & Pischke, Jorn-Steffen, 1999.
"Beyond Becker: Training in Imperfect Labour Markets,"
Royal Economic Society, vol. 109(453), pages F112-42, February.
- Daron Acemoglu & Joern-Steffen Pischke, 1998. "Beyond Becker: Training in Imperfect Labor Markets," Working papers 98-12, Massachusetts Institute of Technology (MIT), Department of Economics.
- Daron Acemoglu & Jorn-Steffen Pischke, 1998. "Beyond Becker: Training in Imperfect Labor Markets," NBER Working Papers 6740, National Bureau of Economic Research, Inc.
- Harhoff, Dietmar & Kane, Thomas J., 1995.
"Is the German apprenticeship system a panacea for the US labour market?,"
ZEW Discussion Papers
95-19, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Thomas J. Kane & Dietmar Harhoff, 1997. "Is the German apprenticeship system a panacea for the U.S. labor market?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 10(2), pages 171-196.
- Harhoff, Dietmar & Kane, Thomas J, 1996. "Is the German Apprenticeship System a Panacea for the US Labour Market?," CEPR Discussion Papers 1311, C.E.P.R. Discussion Papers.
- Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 70, pages 9.
- Peraita, Carlos, 2001. "Testing the Acemoglu-Pischke model in Spain," Economics Letters, Elsevier, vol. 72(1), pages 107-115, July.
- Powell, James L., 1984. "Least absolute deviations estimation for the censored regression model," Journal of Econometrics, Elsevier, vol. 25(3), pages 303-325, July.
- White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May.
When requesting a correction, please mention this item's handle: RePEc:iab:iabmit:v:2002:i:2:p:189-204. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (IAB, Geschäftsbereich Dokumentation und Bibliothek)
If references are entirely missing, you can add them using this form.