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 …

the probability that firms pay for continuous training. About half of all firms in the estimation sample cover all direct … and indirect training costs, which contradicts the standard human capital approach with perfect labor markets. The main … compression are indeed more likely to cover all direct and indirect training costs, which is consistent with theoretical …

We expand Acemoglu and Pischke's seminal model of training in imperfect labor markets by including the system of … collective wage bargaining and the components of firms' training costs. Thus we can adapt their model to institutional changes … of apprenticeship training by changing training procedures towards more training at the work place and thus by decreasing …