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training stay with the firm where they have received their training and, if so, how long that job tenure holds. Determinants of … apprentices in order to collect the returns from its investment in their training which frequently is associated with net costs …. On the other hand, the firm dismisses apprentices if training is viewed by the firm as a screening device or if …
Persistent link: https://www.econbiz.de/10010297623
training stay with the firm where they have received their training and, if so, how long that job tenure holds. Determinants of … apprentices in order to collect the returns from its investment in their training which frequently is associated with net costs …. On the other hand, the firm dismisses apprentices if training is viewed by the firm as a screening device or if …
Persistent link: https://www.econbiz.de/10011442637
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
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
We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a Heckman correction for selection into unemployment. We...
Persistent link: https://www.econbiz.de/10010289858
We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a Heckman correction for selection into unemployment. We...
Persistent link: https://www.econbiz.de/10009664848
We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a Heckman correction for selection into unemployment. We...
Persistent link: https://www.econbiz.de/10013097875
Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they call the "fundamental surplus." However, their analysis ignores risk premia, a force that Hall (2017) shows is important in understanding unemployment fluctuations. We show how...
Persistent link: https://www.econbiz.de/10012649569
turnover and endogenous general human capital formation. We show that search frictions do not distort training decisions if … efficient coordination devices there is too much turnover and too little investments in general training. Nonetheless, the … number of training firms and the amount of training provided are constrained optimal, and training subsidies therefore reduce …
Persistent link: https://www.econbiz.de/10014109456
This paper studies the evolution of job stability in West Germany. Using data from the German Socio-Economic Panel, we first show that the median elapsed tenure declined for men between 1984 and 1999. Second, estimating proportional Cox hazard models with competing risks and controls for stock...
Persistent link: https://www.econbiz.de/10010262118