Literaturnachweis - Detailanzeige
Autor/inn/en | Picchio, Matteo; Ours, Jan C. van |
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Titel | Market imperfections and firm-sponsored training. |
Quelle | Bonn: IZA (2010), 23 S.
PDF als Volltext |
Reihe | Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit. 4988 |
Sprache | englisch |
Dokumenttyp | online; Monographie; Graue Literatur |
Schlagwörter | Schätzung; Bildungsinvestition; Flexibilisierung; Investition; Markt; Wettbewerb; Arbeitsmarktpolitik; Betriebliche Weiterbildung; Arbeitspapier; Niederlande |
Abstract | Recent human capital theories predict that labor market frictions and product market competition influence firm-sponsored training. Using matched worker-firm data from Dutch manufacturing, our paper empirically assesses the validity of these predictions. We find that a decrease in labor market frictions significantly reduces firms' training expenditures. Instead, product market competition does not have an effect on firm-sponsored training. We conclude that increasing competition through international integration and globalization does not pose a threat to investments in on-the-job training. An increase in labor market flexibility may reduce incentives of firms to invest in training, but the magnitude of this effect is small. |
Erfasst von | ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel |
Update | 2010/4 |