In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen …

Training by firms is a central means by which workers accumulate human capital, yet firms may be reluctant to provide … general training if workers can quit and use their gained skills elsewhere. “Training contracts” that impose a penalty for … firm, we show that training contracts significantly reduce post-training quitting and increase the profitability of …

We use data from the European Community Household Panel (ECHP) to assess the effects of employee training on the … individual labour market performance of different labour market groups in EU countries. We find significant training rage premia … only in the case of young or highly educated employees. By contrast training appears to have a strong impact on employment …

Workers acquire skills through formal schooling, through training provided by governments, and through training … recent years despite the sizable contribution of firm training to the overall stock of worker human capital. We engage with … research on the determinants of receipt of firm training, the effects of firm training on workers outcomes, and various policy …

We investigate the role of training in reducing the gender wage gap using the UK-BHPS which contains detailed records … of training. Using policy changes over an 18 year period we identify the impact of training and work experience on wages … of formal training and experience in defining the evolution of wages and employment careers, conditional on education …

firm training have thus far not been considered. This paper is trying to bridge this gap by using a simple two period model … to previous work this is not sufficient to increase firms' training investments. The reason lies in the endogeneity of … separations, which become more frequent. -- Human capital ; wage rigidity ; training …

A well-established stylised fact is that employer provided job-related training raises productivity and wages. Using UK … data, we further find that job-related training is positively related to subsidies aimed at reducing training costs for … employers. We also find that there is a positive, albeit quantitatively small, relationship between wage inequality and training …