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 …

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 …

This paper analyses the effect of training participation on employees' retention in the training company. It for the …, visibility, and credibility of training. Based on an extensive German linked-employer-employee data set with detailed information … on training history (WeLL-ADIAB), we show that training increases employees' retention. We compare the probability to …

This paper analyses the effect of training participation on employees’ retention in the training company. It for the …, visibility, and credibility of training. Based on an extensive German linked-employer-employee data set with detailed information … on training history (WeLL-ADIAB), we show that training increases employees’ retention. We compare the probability to …

appropriate training of local managers. Technological spillovers from foreign direct investment arise when such managers are later …

Market imperfections may cause firms and workers to under-invest in specific training. This paper shows that profit … sharing may be a suitable instrument to enhance specific training investments, either by enhancing wage flexibility or by … increasing the returns to training. As a result, profit sharing not only increases productivity by means of an effort effect, but …