G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2893
DP2893 Speculation and the Decision to Abandon a Fixed Exchange Rate Regime
Ivan Pastine
发表日期2001-07-23
出版年2001
语种英语
摘要The apprenticeship system is the most important source of formal post-secondary training in Germany. Our Paper contributes to the ongoing debate as to why firms are willing to invest in such training even though many apprentices will leave the training firm soon after completion of the apprenticeship. A particular advantage over previous empirical studies is that we use German register data, the IAB Employment Sample, which gives us a large sample size, and which gives us detailed information on occupations. We find that apprentices staying with their training firm after graduation have (1) higher wages and (2) longer first-job durations than apprentices leaving the training firm. These results support theories according to which firms use the apprenticeship system to select and retain the more able apprentices, thereby recouping the costs of investing in skills that are portable in principle.
主题Labour Economics
关键词Training Wages Job-duration
URLhttps://cepr.org/publications/dp2893
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/531933
推荐引用方式
GB/T 7714
Ivan Pastine. DP2893 Speculation and the Decision to Abandon a Fixed Exchange Rate Regime. 2001.
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