Using German establishment data, this paper examines the relationship between product market competition and the extent … of employer provided training. We demonstrate that high product market competition is associated with increased training … except when the competition is so severe as to threaten liquidation to a firm. We take this as evidence of an inverted U …

(2000) testing for endogenous competition among job seekers in a matching framework, is replicated with a richer and more … is augmented by endogenous strategic hiring behavior on the side of vacancyposting firms. Neglecting job competition, the … relevance of strategic hiring is shown using the same empirical strategy. At the same time, the test is shown to be invalid if …

priorities: (1) the gains in terms of matching seem limited, because the equilibrium allocation is not very different from a …

errors in strategy implementation. In our data, we show that players indeed choose less lenient strategies in environments …