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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3456 |
DP3456 When to Tax Labour? | |
Thomas I Renström; Parantap Basu | |
发表日期 | 2002-07-20 |
出版年 | 2002 |
语种 | 英语 |
摘要 | We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous turnover and endogenous general human capital formation. We show that search frictions do not distort training decisions if firms and their employees are able to coordinate efficiently, for instance, by using long-term contracts. In the absence of efficient coordination devices there is too much turnover and too little investments in general training. Nonetheless, the number of training firms and the amount of training provided are constrained optimal, and training subsidies therefore reduce welfare. |
主题 | Labour Economics |
关键词 | Matching Training Poaching Efficiency |
URL | https://cepr.org/publications/dp3456 |
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/532474 |
推荐引用方式 GB/T 7714 | Thomas I Renström,Parantap Basu. DP3456 When to Tax Labour?. 2002. |
条目包含的文件 | 条目无相关文件。 |
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