On-the-Job Training, Firing Costs and Employment

This Paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over the booms and recessions of the business cycle).

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Year of publication:	2004-02
Authors:	Diaz-Vazquez, Pilar ; Snower, Dennis J.
Institutions:	C.E.P.R. Discussion Papers
Subject:	average employment \| firing costs \| on-the-job training

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 4241
Classification:	E24 - Employment; Unemployment; Wages ; J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; J32 - Nonwage Labor Costs and Benefits; Private Pensions ; J64 - Unemployment: Models, Duration, Incidence, and Job Search
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005123858