We develop a model of firm learning in volatile markets with noisy signals and test its predictions using historical … improvements from learning are faster where market signals are noisier. …

the nature of the task at the second date further shows that learning is unencumbered by a change in environment. Our …

Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate …

training. While there is little if any evidence in support of underprovision because of liquidity constraints to the demand … side of the market, there is evidence that employers provide and pay for general training, and that the provision of skills … encourages labor turnover. The combination of these two facts suggests that the labor market provides less training than optimal …

Household Panel to ask whether local density affects employer-provided training. We find that training is less frequent in …-provided training by 0.07, more than 20 percent of the average incidence of training in the UK during the sample period. …

wage compression and training incidence in 11 European countries. After controlling for individual factors and country … training, both firm-specific and general. While the finding for firm-specific training is consistent with both competitive and … non-competitive approaches, the result for general training is only consistent with the non-competitive approach. …

-competent workforce, as supported by firms’ training and recruitment plans. Conversely, ODT investment does not significantly alter total …

Workers acquire skills through formal schooling, through training provided by governments, and through training … recent years despite the sizable contribution of firm training to the overall stock of worker human capital. We engage with … research on the determinants of receipt of firm training, the effects of firm training on workers outcomes, and various policy …