Bassanini, Andrea; Brunello, Giorgio - Dipartimento di Scienze Economiche "Marco Fanno", … - 2011
We study the impact of regulatory barriers to entry on workplace training. We develop a model of training in … training. As stressed in the literature, with a given number of firms, deregulation reduces the size of rents per unit of … output that firms can reap by training their employees. Yet, the number of firms increases following deregulation, thereby …