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 …

According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who … reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater … the investment in general training. Using data from the European Community Household Panel, we compute a proxy of the …

According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who … reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater … the investment in general training. Using data from the European Community Household Panel, we compute a proxy of the …

In this empirical paper, I use the 1996 wave of the ECHP dataset to investigate the relationship between measures of … wage compression and training incidence in 11 European countries. After controlling for individual factors and country … training, both firm-specific and general. While the finding for firm-specific training is consistent with both competitive and …

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 …

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. …

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 …

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 this empirical paper, I use the 1996 wave of the ECHP dataset to investigate the relationship between measures of … wage compression and training incidence in 11 European countries. I find that, after controlling for individual factors and … compression and training. This positive relationship is confirmed when I consider only general training. While the former finding …

In this empirical paper, I use the 1996 wave of the ECHP dataset to investigate the relationship between measures of … wage compression and training incidence in 11 European countries. I find that, after controlling for individual factors and … compression and training. This positive relationship is confirmed when I consider only general training. While the former finding …