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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. …
Persistent link: https://www.econbiz.de/10005328504
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the stylized facts characterizing the US and the Spanish labor markets. Under this benchmark, we find the Post-Match Labor Turnover Costs (PMLTC) to be the centerpiece to explain why the...
Persistent link: https://www.econbiz.de/10005761648
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 …
Persistent link: https://www.econbiz.de/10005761827
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 …
Persistent link: https://www.econbiz.de/10005822185
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. …
Persistent link: https://www.econbiz.de/10005822630
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 …
Persistent link: https://www.econbiz.de/10005129644
The existing literature on training is concerned with understanding the reasons why firms pay for the general skills of … willingness of firms to pay for general training, and accounts for the pattern of training provision empirically observed. It is … assumptions, when training and specific human capital are complements, the firm would pay for the former in order to induce the …
Persistent link: https://www.econbiz.de/10005090671
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 …
Persistent link: https://www.econbiz.de/10010748383
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 …
Persistent link: https://www.econbiz.de/10008568277
training of their workers. However, when search costs are low because there is a large availability of skilled workers on the … the market rather than provide training to inexperienced workers. In this paper, these aspects are studied through a model … with search and matching frictions. In order to empirically verify the relationship between training and labour market …
Persistent link: https://www.econbiz.de/10005272675