Market imperfections may cause firms and workers to under-invest in specific training. This paper shows that profit … sharing may be a suitable instrument to enhance specific training investments, either by enhancing wage flexibility or by … increasing the returns to training. As a result, profit sharing not only increases productivity by means of an effort effect, but …

We use British household panel data to explore the wage returns to training incidence and intensity (duration) for 6924 … employees. We find these returns differ greatly depending on the nature of the training (general or specific); who funds the … training (employee or employer); and the skill levels of the recipient (white or blue collar). Using decomposition analysis, we …

analyse the incidence and duration of employee training in Britain. We find training to be positively associated with having a …-time or fixed-term employment statuses are all associated with less training. Furthermore, in line with recent non …-competitive training models, higher levels of wage compression (measured in absolute or relative terms) are positively related to training. …

When labor markets are imperfectly competitive, firms may be willing to finance general training if the wage structure … is compressed, that is, if the increase of productivity after training is greater than the increase in pay. We propose a … novel way of testing this proposition, which exploits the variation in training incidence and in the training wage premium …

We use household panel data to explore the wage returns associated with training incidence and intensity (duration) for … British employees. We find these returns differ depending on the nature of the training; who funds the training; the skill … levels of the recipient (white or blue collar); the age of the employee; and if the training is with the current employer or …

requirements. They may react either by training or hiring the new skills, or by a combination of both. We first show that ICT are … training in order to upgrade the skill level of their workforce, even if this varies across industries. …

When labor markets are imperfectly competitive, firms may be willing to finance general training if the wage structure … is compressed, that is, if the increase of productivity after training is greater than the increase in pay. We propose a … novel way of testing this proposition, which exploits the variation in training incidence and in the training wage premium …

This paper examines how expected attachment to the labor market and expected tenure at a specific firm affect training … participation in both employer- and worker-initiated training, while expected tenure at a specific firm mainly explains … participation in employer-initiated training. These two attachment indices explain almost half of the gender gap in training …