Booth, Alison L; Zoega, Gylfi - C.E.P.R. Discussion Papers - 2001
It is well known that workers in Europe appear to receive more firm-provided general training than their counterparts … in the United States. Moreover, there is considerable evidence that firms, in many cases, pay for the general training … wage compression that unions and other labour-market institutions induce firms to invest in general training. We show that …