G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1325
DP1325 Managerial Incentives for Mergers
Massimo Motta; Ramon Faulí-Oller
发表日期1996-02-29
出版年1996
语种英语
摘要Advocates of apprenticeship programmes often argue as if it is simply a matter of historical accident that such investment by US firms has been hindered. This paper explores the structure of incentives underpinning the German system of apprenticeship training. First, we describe three characteristics of the German labour market that might lead firms to accept part of the cost of general training, even in the face of worker turnover. In the second part of the paper, we compare labour market outcomes for apprentices in Germany and high school graduates in the United States. Apprentices in Germany occupy a similar station within the German wage structure as that held by high school graduates in the US labour market. Finally, we provide evidence that the problem of forming labour market bonds is particularly acute for minority groups ? in Germany as well as in the United States. We discuss some implications for the vocational training debate in the United States.
关键词Apprenticeship training Employment Human capital Labour market
URLhttps://cepr.org/publications/dp1325
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530474
推荐引用方式
GB/T 7714
Massimo Motta,Ramon Faulí-Oller. DP1325 Managerial Incentives for Mergers. 1996.
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