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 that occurred since the 1990s. The model and the...

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 that occurred since the 1990s. The model and the...

This paper investigates the returns to formal and informal on-the-job training with an emphasis on gender wage differences. The analysis is based upon the French data set Formation continue 2000. We estimate a system of three simultaneous equations in order to take into account the endogenous...

This paper investigates the relation between workers on-the-job training activities and the degree of wage compression in their occupation. With respect to general training as opposed to firm-specific training human capital theory implies that the worker initiates and finances the training when...