G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12748
DP12748 Firm-Specific Training
Leonardo Felli; Christopher J Harris
发表日期2018-02-22
出版年2018
语种英语
摘要This paper investigates the market provision of firm-specific training, and identifies the inefficiencies associated with it. Within a general stochastic learning-by-doing model, there is a potential inefficiency in the market provision of firm-specific training. In order to determine whether this inefficiency is in fact present, we analyze two special cases of the model: the accelerated productivity-enhancement model and the accelerated learning model. In both models, the inefficiency is indeed present. However, the nature of the inefficiency depends on the balance between the two key components of training, namely productivity enhancement and employee evaluation. In the accelerated productivity-enhancement model, training results in an increase in productivity enhancement but no change in employee evaluation, and training is overprovided by the market. In the accelerated learning model, training results in a proportionate increase in both productivity enhancement and employee evaluation, and training is underprovided by the market. In both cases, turnover is inefficiently low.
主题Industrial Organization ; Labour Economics
关键词Specific human capital Productivity enhancement Employee evaluation Training Learning-by-doing Turnover
URLhttps://cepr.org/publications/dp12748
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/541558
推荐引用方式
GB/T 7714
Leonardo Felli,Christopher J Harris. DP12748 Firm-Specific Training. 2018.
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