Define job training program improve worker productivity

Assignment Help Microeconomics
Reference no: EM13176661

A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whether more job training makes workers more productive. However, rather than having data on individual workers, you have access to data on manufacturing firms in Ohio. in particular, for each firm, you have information on hours of job training per worker(training) and number of nondirective items produced per worker hour(output).

i. Carefully state the ceteris paribus thought experiment underlying this policy question.

ii. Does it seem likely that a firm's decision to train its workers will be independent of worker characteristics? What are some of those measurable and unmeasurable worker characteristic?

iii. Name a factor other than worker characteristics that can affect worker productivity.

iv. If you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive?

Reference no: EM13176661

Questions Cloud

What volume of oxygen gas will be collected : what volume of oxygen gas will be collected if a 5gram sample of potassium permanganate decomposers at 25 degrees celcius and 1 atmospheric pressure?
How many moles of each compound are present : If 3.5 mol of C3H8 and 14.0 mol O2 are placed in a closed container and they react to completion (until one reactant is completely used up), what compounds will be present in the container after the reaction and how many moles of each compound are..
How much heat is absorbed in the formation : How much heat is absorbed in the formation of 1.69 mol of NO? Answer units KJ
What would be the final temperature of the pack : How would the results for atomic weight have differed if the hot water was never brought to a boil?
Define job training program improve worker productivity : However, rather than having data on individual workers, you have access to data on manufacturing firms in Ohio. in particular, for each firm, you have information on hours of job training per worker(training) and number of nondirective items produ..
What is the formula of the missing product : What is the formula of the missing product?
What polymer is made from the monomer vinylidene chloride : what polymer is made from the monomer vinylidene chloride
Is silver chloride very soluble in water : The dissociation of solid silver chloride in water to produce silver ions and chloride ions has an equilibrium constant of 1.8 x10-18. Based on the magnitude of the equilibrium constant, is silver chloride very soluble in water? Explain your answe..
Calculate the concentration of h2, br2, and hbr at equil : Starting with 3.30 moles of HBr in a 12.0 L reaction vessel, calculate the concentration of H2, Br2, and HBr at equil.

Reviews

Write a Review

Microeconomics Questions & Answers

  Structure of us automotive industry

The existence of only three big U.S. auto manufacturers is evidence that the market structure is anti-competitive and that antitrust laws are being broken. Measure this assertion.

  What kind of demand does walmart''s products have

hat kind of demand does walmart's products have? Does it vary by season? What market segment does Walmart target?

  Business comparisons-short and long-term costs

Short and Long-term costs business comparisons. Select directly comparison business concepts and generally discuss the FC, VC, break-even quantities, economies of scale and diseconomies of scale for each.

  Description of your empirical analysis

What literature you are reviewing and how it contributes to your research question. You might want to consider areas such as additional readings on theory, policy relevance, debates and existing findings.

  Low income housing or subsidized housing in urban economics

Low income housing or subsidized housing in urban economics and the paper must be atleastten pages long

  Decision by wal-mart

What does this decision by Wal-mart tell you regarding the price elasticity of the demand curve that it faces?

  Explain lending process

Assume the reserve ratio is 20%.If the lending process continues as far as it can possibly go, how many deposit dollars will be created from this initial $1000 deposit?

  Determine the marginal cost and cpi

Determine the marginal cost for bottle of wine and what will be the reduction in number of crashes at that intersection achieved by the mayor?

  Determine nancys optimal schooling level

What is Nancy's lifetime income if she gets no schooling? What is it if she goes toschool for all 60 remaining years of her life? In words, describe the "cost" to Nancy ofchoosing to attend school for 1 additional year.

  Maintaining a constant interest rate

Assume that, as the chair of the Fed, you make a decision to "put policy on automatic pilot" and require that monetary policy follow an established rule.

  Question on pricing and output decisions

Indicate whether each of the following statements is true or false and explain why. a) A competitive firm that is incurring a loss should immediately cease operations.

  What will be the profit maximizing prices

What will be the profit maximizing prices and the firm's profit, if the proposal of the marketing manager is accepted and calculate the profit maximizing price of the full package? What is the firm's profit in this case

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd