"Overeducation" in the Labor Market
In: Journal of labor economics: JOLE, Band 9, Heft 2, S. 101-122
ISSN: 1537-5307
19 Ergebnisse
Sortierung:
In: Journal of labor economics: JOLE, Band 9, Heft 2, S. 101-122
ISSN: 1537-5307
In: Journal of economic and social measurement, Band 16, Heft 4, S. 221-230
ISSN: 1875-8932
In: Economics of education review, Band 9, Heft 2, S. 163-179
ISSN: 0272-7757
In: NBER Working Paper No. w7542
SSRN
In: Journal of labor economics: JOLE, Band 9, Heft 1, S. 67-84
ISSN: 1537-5307
In: Journal of political economy, Band 98, Heft 1, S. 169-192
ISSN: 1537-534X
In: Journal of political economy, Band 98, Heft 1, S. 169
ISSN: 0022-3808
In: IZA Discussion Paper No. 15487
SSRN
In: Journal of political economy, Band 107, Heft 2, S. 285-325
ISSN: 1537-534X
In: Journal of political economy, Band 107, Heft 2, S. 285
ISSN: 0022-3808
In: Journal of labor economics: JOLE, Band 16, Heft 4, S. 718-755
ISSN: 1537-5307
In: Journal of labor economics: JOLE, Band 14, Heft 3, S. 357-393
ISSN: 1537-5307
In: Journal of labor economics: JOLE, Band 11, Heft 1, Part 1, S. 162-183
ISSN: 1537-5307
In: NBER Working Paper No. w3433
SSRN
In: Discussion paper series 3334
This paper presents a dynamic model that analyzes how firms' expectations with regards to technological change influence the demand for outsourcing. We show that outsourcing becomes more beneficial to the firm when technology is changing rapidly. As the pace of innovations in production technology increases, the firm has less time to amortize the sunk costs associated with purchasing the new technologies. This makes producing in-house with the latest technologies relatively more expensive than outsourcing. The model therefore provides an explanation for the recent increases in outsourcing that have taken place in an environment of increased expectations for technological change. We test the predictions of the model using a panel dataset on Spanish firms for the period 1990 through 2002. The empirical results support the main prediction of the model, namely, that all other things equal, the demand for outsourcing increases with the probability of technological change. -- Technological change ; outsourcing