This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the … Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual … receiving firm-provided training. We find that firm-provided training significantly increases future employment prospects. This …

like employment and income, for adult female individuals without work in European countries. We consider skill-training …

The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time …-consistent, and training comprises both specific and general skills. It is shown that, in the absence of a social planner, the firm … has ex-post monopsonistic power that drives trained workers’ wages below the socially-optimal level. The emergence of …

This Paper presents strong evidence for the concavity of wages in job and worker characteristics by adding second order …. The impact of search frictions on wages is large. Our results relate to the literature on industry wage differentials, on …