another division undermines a manager's training incentives, and may encourage her to misrepresent the information she …

Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that … lower the return to training. In the absence of training funds, larger, high-wage and more capital intensive firms are the … most likely to offer training unless they are liquidity constrained. If firms are not liquidity constrained, the fund could …

regional training supply and employees’ training participation. Controlling for other regional factors such as the local … training participation is significantly higher in regions with many firms in the training supply market. The predictive power …