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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...
Persistent link: https://www.econbiz.de/10005666579
at age 16 in the late 1970s. The impact of the apprenticeship on employment duration and early labour market mobility is … starting an apprenticeship indicate that apprenticeships were found in a core of industries, in large firms, and were … associated with higher-ability workers. There were no significant differences between apprenticeship provision in the public and …
Persistent link: https://www.econbiz.de/10005136614
Using longitudinal data from the British National Child Development Study, this paper examines gender differences in the determinants of work-related training. The analysis covers a crucial decade in the working lives of the 1958 birth cohort of young men and women – the years spanning the...
Persistent link: https://www.econbiz.de/10005504728