Showing 1 - 10 of 5,449
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/10010261946
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/10010269502
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/10010261569
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/10013319179
We develop and estimate an equilibrium job search model of worker careers, allowing for human capital accumulation, employer heterogeneity and individual-level shocks. Career wage growth is decomposed into the contributions of human capital and job search, within and between jobs. Human capital...
Persistent link: https://www.econbiz.de/10010254832
The paper explores the relation between wages, wage differentials and, the level and structure of unemployment within a wage bargaining model. There are two types of individuals: skilled and unskilled. The bargained wage of each group depends on the respective replacement rate and determines...
Persistent link: https://www.econbiz.de/10014143856
We argue that productive firms share rents with workers only in occupations where workers have individual hold-up power. We present a model of wage determination where firms produce using a novel generalization of Kremer (1993)'s O-ring production function. Workers have individual hold-up power...
Persistent link: https://www.econbiz.de/10013295449
We investigate the role of training in reducing the gender wage gap using the UK-BHPS which contains detailed records … of training. Using policy changes over an 18 year period we identify the impact of training and work experience on wages … of formal training and experience in defining the evolution of wages and employment careers, conditional on education …
Persistent link: https://www.econbiz.de/10012003766
This paper investigates the relation between workers on-the-job training activities and the degree of wage compression … in their occupation. With respect to general training as opposed to firm-specific training human capital theory implies … that the worker initiates and finances the training when there is a negative relationship. A positive relation between …
Persistent link: https://www.econbiz.de/10011573012
wage compression and training incidence in 11 European countries. I find that, after controlling for individual factors and … compression and training. This positive relationship is confirmed when I consider only general training. While the former finding … is consistent with both competitive and non - competitive approaches to training, the latter result is only consistent …
Persistent link: https://www.econbiz.de/10011335678