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 …

requirements. They may react either by training or hiring the new skills, or by a combination of both. We first show that ICT are … training in order to upgrade the skill level of their workforce, even if this varies across industries. …

requirements. They may react either by training or hiring the new skills, or by a combination of both. We first show that ICT are … training in order to upgrade the skill level of their workforce, even if this varies across industries. …

training of their workers. However, when search costs are low because there is a large availability of skilled workers on the … the market rather than provide training to inexperienced workers. In this paper, these aspects are studied through a model … with search and matching frictions. In order to empirically verify the relationship between training and labour market …

The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time …-consistent, and training comprises both specific and general skills. It is shown that, in the absence of a social planner, the firm …-post monopsonistic power in wage determination. Local union-firm wage bargaining ensures that the post-training wage is set sufficiently …

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 …

In the standard model of human capital with perfect labor markets, workers pay for general training. When labor market … impa ct on training. Our results suggest that the more frictional and regulated labor markets in Europe and Japan may … generate more firm-sponsored general training than the U.S. …

with respect to the ability of their employees when training is certified by credible external institutions. We apply an … institutions at that the end of apprenticeship training can be signalled to outside employers. Apprenticeship graduates however … cannot signal their work-related ability - measured by a small voluntary bonus paid by the training employer - to the outside …

employment protection legislation (EPL) on firm-provided training using a regression discontinuity design. Our analysis … demonstrates that higher levels of EPL reduce firms’ incentives to invest in workers’ training. The number of trained workers … confounding factors (e.g., worker councils). The EPL effect on training is not mediated by different levels of investment in …