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Firm-Sponsored General Training in Frictional Labour Markets : An Empirical Analysis for Switzerland

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dc.creator Gerfin, Michael
dc.date 2004
dc.date.accessioned 2013-10-16T07:09:55Z
dc.date.available 2013-10-16T07:09:55Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20312
dc.identifier ppn:383869838
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20312
dc.description According to the classical human capital theory general training is entirely financed by workers. This prediction is at odds with the empirical evidence. This observation inspired new theoretical models of training in frictional labour market. These frictions create incentives for firms to invest in general training. This paper tries to identify the sources of frictions in the Swiss labour market. The results indicate that internal wage floors may play an important role, especially for training in large firms. Overall, the empirical results support the predictions of the new training literature.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1077
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J31
dc.subject C33
dc.subject I2
dc.subject ddc:330
dc.subject training
dc.subject wages
dc.subject market imperfections
dc.subject mobility
dc.subject Betriebliche Bildungsarbeit
dc.subject Bildungsinvestition
dc.subject Lohnverhandlungen
dc.subject Lohnstruktur
dc.subject Arbeitsmobilität
dc.subject Schätzung
dc.subject Schweiz
dc.title Firm-Sponsored General Training in Frictional Labour Markets : An Empirical Analysis for Switzerland
dc.type doc-type:workingPaper


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