G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3926
DP3926 The Effects of Employment Protection: Learning from Variable Enforcement
Juan Francisco Jimeno; Tito Boeri
发表日期2003-06-23
出版年2003
语种英语
摘要We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each other?s trained employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non-specific training if others do the same, because they would otherwise suffer a competitive disadvantage or need to pay high wages in order to attract trained workers. Government intervention can be socially desirable to turn training into a focal equilibrium.
主题Industrial Organization ; Labour Economics
关键词General training Human capital Oligopoly Turnover
URLhttps://cepr.org/publications/dp3926
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/532911
推荐引用方式
GB/T 7714
Juan Francisco Jimeno,Tito Boeri. DP3926 The Effects of Employment Protection: Learning from Variable Enforcement. 2003.
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