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The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010734414
Individuals with more years of education generally acquire more training later on in life. Such a relationship may be due to skills learned in early periods increasing returns to educational investments in later periods. This paper addresses the question whether the complementarity between...
Persistent link: https://www.econbiz.de/10011494331
The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010329138
Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm...
Persistent link: https://www.econbiz.de/10014290178
implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …
Persistent link: https://www.econbiz.de/10010264329
intensity of apprentice training as measured by the employment share of apprentices. Innovation, firm age and competition … employment, innovation activities, firm age, labour costs, capital intensity, and competitive pressures all play a positive or …
Persistent link: https://www.econbiz.de/10010277766
This study is based on data of a cohort of Swiss firms that were founded in 1996/97. In the year 2000 data were collected by means of a postal survey among those firms, which still existed by that time. In 2003 and 2006 two further surveys were conducted among the participants of the respective...
Persistent link: https://www.econbiz.de/10010277746
So far the literature has found that the effect of macroeconomic fluctuations on training decisions is ambiguous. On the one hand, the opportunity cost to train is lower during downturns, and thus training should be counter-cyclical. On the other hand, a positive shock may be related to the...
Persistent link: https://www.econbiz.de/10005822107
between local knowledge spillovers and training generates a positive correlation with local density; on the other hand, the …
Persistent link: https://www.econbiz.de/10005822133
This paper presents the results of a randomized experiment analyzing the use of vouchers for adult training. In 2006, 2,400 people were issued with a training voucher which they were entitled to use in payment for a training course of their choice. User behavior was compared with a control group...
Persistent link: https://www.econbiz.de/10005822142