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-wide linkages (complementary skills, knowledge spillovers). It compares growth and welfare when families are stratified into …
Persistent link: https://www.econbiz.de/10005666953
We develop a model demonstrating conditions under which firms will invest in the general training of their workers, and show that firms’ incentives to invest in general training are increasing in task complexity. Workers’ heterogeneous observable innate ability affects the variety of tasks...
Persistent link: https://www.econbiz.de/10005791505