The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...

Using the Socio-Economic Panel (SOEP), this paper investigates the determinants of training participation in Germany, distinguishing between self-initiated and employer-initiated training. Self-initiated training is considered as being a decision within households rather than purely individual....

This paper addresses the question to which extent the complementarity between education and training can be attributed to differences in observable characteristics, i.e. to individual, job and firm specific characteristics. The novelty of this paper is to analyze previously unconsidered...

Using data from the German Socio-Economic Panel (GSOEP), this paper analyzes the relationship between training and job satisfaction focusing in particular on gender diff erences. Controlling for a variety of socio-demographic, job and fi rm characteristics, we fi nd a diff erence between males...

Women’s economic emancipation arguably took off in the late 1960s and early 1970s. While ubiquitous, its origins are not well understood. In an influential paper, Goldin and Katz [2002] pointed to the role of unmarried women’s access to the oral contraceptive (the Pill), ushered in by the...

The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time-consistent, and training comprises both specific and general skills. It is shown that, in the absence of a social planner, the firm has ex-post monopsonistic power that drives...

This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The crucial ingredient in our model is that the current employer has superior information about the worker’s ability relative to other firms. This informational advantage gives the...

This paper uses firm level panel data of firm provided training to estimate its impact on productivity and wages. To this end the strategy proposed by Ackerberg, Caves and Frazer (2006) for estimating production functions to control for the endogeneity of input factors and training is applied....