G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7881
DP7881 Market imperfections and firm-sponsored training
Jan C. van Ours; Matteo Picchio
发表日期2010-06-01
出版年2010
语种英语
摘要Recent human capital theories predict that labor market frictions and product market competition influence firm-sponsored training. Using matched worker-firm data from Dutch manufacturing, our paper empirically assesses the validity of these predictions. We find that a decrease in labor market frictions significantly reduces firms' training expenditures. Instead, product market competition does not have an effect on firm-sponsored training. We conclude that increasing competition through international integration and globalization does not pose a threat to investments in on-the-job training. An increase in labor market flexibility may reduce incentives of firms to invest in training, but the magnitude of this effect is small.
主题Labour Economics
关键词Firm-sponsored training Labor market frictions Product market competition Matched worker-firm data
URLhttps://cepr.org/publications/dp7881
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/536718
推荐引用方式
GB/T 7714
Jan C. van Ours,Matteo Picchio. DP7881 Market imperfections and firm-sponsored training. 2010.
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