present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage …

This paper uses firm level panel data of firm provided training to estimate its impact on productivity and wages. To … endogeneity of input factors and training is applied. The productivity premium for a trained worker is estimated at 23%, while the … wage premium of training is estimated at 12%. Our results give support to recent theories that explain work related …

also estimated. Estimates from models with and without explicitly modelling the timing of training produce broadly similar … exit rate, relative to the base of no training. The finding for completed apprenticeships suggests that both employers and …

the determinants of work-related training. The analysis covers a crucial decade in the working lives of the 1958 birth … the number of work-related training events lasting at least three days. This approach takes into account the fact that … more than one-half of the men and two-thirds of the women in the sample experienced no work-related training lasting three …

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 …

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 …-post monopsonistic power in wage determination. Local union-firm wage bargaining ensures that the post-training wage is set sufficiently …

This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The … firm to provide training. We show that the model can lead to multiple equilibria. In one equilibrium quits are endogenously … high and as a result employers have limited monopsony power and are willing to supply only little training, while in …

turnover and endogenous general human capital formation. We show that search frictions do not distort training decisions if … efficient coordination devices there is too much turnover and too little investments in general training. Nonetheless, the … number of training firms and the amount of training provided are constrained optimal, and training subsidies therefore reduce …