workforce

Fear of Service Outsourcing: Is It Justified?

The paper aims to establish what are the hypes and what are the facts behind outsourcing. Results show that although service outsourcing has been steadily increasing it is still very low, and that in the United States and many other industrial countries "insourcing" is greater than outsourcing. Using the United Kingdom as a case study, we find that job growth at a sectoral level is not negatively related to service outsourcing.

Dispersion of Employees: Wage Increases and Firm Performance

The authors examine the interrelation between intra-firm wage increases and firm performance. They argue that the dispersion of wage increases rather than wage levels is a crucial measure for monetary incentives in firms. Evidence from unique Danish linked employer employee data shows that large dispersion of wage growth within firms is generally connected with low firm performance.

Firm-Level Social Returns to Education

The paper examines the question, do workers benefit from the education of their co-workers? The author introduces a model of on-the-job schooling, which argues that educated workers may
transfer part of their general skills to uneducated workers and that this spillover is affected by the degrees of non-excludability, irreversibility and generality of those skills.

Best Performing Cities: Where Americas Jobs are Created and Sustained - 2004

The Milken Institute Best Performing Cities index ranks U.S. metropolitan areas based upon their economic performance and their ability to create, as well as keep, the greatest number of jobs in the nation. The top large metro on this years list is Fort Myers, Florida, one of seven Florida metros on the top 20. The top small metro is Missoula, Montana.