According to human capital theory training underinvestment can arise in case of imperfect competition in the labour markets and when workers are credit constrained. In both cases training policies have to be considered in order to increase the amount of training and to alleviate the consequences...

The aim of this paper is to investigate the factors determining the “speed” of transition between a temporary/precarious job towards a stable one in the Italian regional labour markets. In this context the importance of individual human capital is widely recognized by the economic...