empirical analysis we use data on 20 OECD countries covering the time period 1985-1999.We find that labor market training is the …

This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the … Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual … receiving firm-provided training. We find that firm-provided training significantly increases future employment prospects. This …

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 °exibility or by … increasing the returns to training. As a result, profit sharing not only increases productivity by means of an effort effect, but …

time education beyond the minimum age, enroll in training activities, or join the labour market full time. This finding …

This paper develops a model of search on the labour market with training. The model reveals how the tax system can … that (i) a marginal wage tax is less distortionary to raise revenue than is an average tax per job, provided that training … is not distorted initially; (ii) this conclusion may reverse in the presence of training distortions; (iii) marginal wage …

-sectoral equilibrium model of the labor market with endogenous job destruction is developed.Employer-provided training in firm … requirements.The role of average education can then be explained by a complementarity between training and observable ex …-ante abilities of workers, so that average education in the regression proxies for the average amount of training that workers …