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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12748 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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