When labor markets are imperfectly competitive, firms may be willing to finance general training if the wage structure … is compressed, that is, if the increase of productivity after training is greater than the increase in pay. We propose a … novel way of testing this proposition, which exploits the variation in training incidence and in the training wage premium …

When labor markets are imperfectly competitive, firms may be willing to finance general training if the wage structure … is compressed, that is, if the increase of productivity after training is greater than the increase in pay. We propose a … novel way of testing this proposition, which exploits the variation in training incidence and in the training wage premium …

According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who … reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater … the investment in general training. Using data from the European Community Household Panel, we compute a proxy of the …

We use British household panel data to explore the wage returns to training incidence and intensity (duration) for 6924 … employees. We find these returns differ greatly depending on the nature of the training (general or specific); who funds the … training (employee or employer); and the skill levels of the recipient (white or blue collar). Using decomposition analysis, we …

analyse the incidence and duration of employee training in Britain. We find training to be positively associated with having a …-time or fixed-term employment statuses are all associated with less training. Furthermore, in line with recent non …-competitive training models, higher levels of wage compression (measured in absolute or relative terms) are positively related to training. …

In the standard model of human capital with perfect labor markets, workers pay for general training. When labor market … impa ct on training. Our results suggest that the more frictional and regulated labor markets in Europe and Japan may … generate more firm-sponsored general training than the U.S. …

We use data from the European Community Household Panel (ECHP) to assess the effects of employee training on the … individual labour market performance of different labour market groups in EU countries. We find significant training rage premia … only in the case of young or highly educated employees. By contrast training appears to have a strong impact on employment …

This paper considers training, mobility decisions and wages together to test for the specificity of human capital … contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two … ways. First, we examine the correlation between training and mobility. In a second step, we consider wage effects of …

This paper considers training, mobility decisions and wages together to test for the specificity of human capital … contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two … ways. First, we examine the correlation between training and mobility. In a second step, we consider wage effects of …