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 …

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 …

In this empirical paper, I use the 1996 wave of the ECHP dataset to investigate the relationship between measures of … wage compression and training incidence in 11 European countries. After controlling for individual factors and country … training, both firm-specific and general. While the finding for firm-specific training is consistent with both competitive and …

In this empirical paper, I use the 1996 wave of the ECHP dataset to investigate the relationship between measures of … wage compression and training incidence in 11 European countries. I find that, after controlling for individual factors and … compression and training. This positive relationship is confirmed when I consider only general training. While the former finding …

In this empirical paper, I use the 1996 wave of the ECHP dataset to investigate the relationship between measures of … wage compression and training incidence in 11 European countries. I find that, after controlling for individual factors and … compression and training. This positive relationship is confirmed when I consider only general training. While the former finding …

External certification of workplace skills obtained through on-the-job training is widespread in many countries. This … may indicate that training is financed by workers, and certification serves to assure the quality of the training offered … by the firm. However, other evidence shows that general training is financed by firms, especially in Germany. We show in …

results shown by Acemoglu and Pischke regarding the effect of unemployment on the firms' training decisions become ambiguous …. In fact, two contrasting effects have to be considered: on the one hand, unemployment encourages training provision by …