market has become as volatile as the US one. -- search ; matching ; training ; firing costs ; productivity differentials …

firms. In renegotiation proof employment con- tracts, more productive firms provide more training. Both general and specific … training induce higher wages within jobs, and with future employers, even conditional on the future employer type. Because … at the opposite conclusion: That increased labor market friction reduces training in equilibrium …

This paper uses data from the National Longitudinal Survey of Youth to estimate the effects of formal training on … employment duration. Using an approach meant to distinguish between training as an unconditional investment and training as an … outcome conditional on the quality of the job match, I find that on-site training received early in an employment spell …