1 option
Beyond Becker: Training in Imperfect Labor Markets / Daron Acemoglu, Jorn-Steffen Pischke.
- Format:
- Book
- Author/Creator:
- Acemoglu, Daron.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w6740.
- NBER working paper series no. w6740
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Beyond Becker
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1998.
- Summary:
- In this paper, we survey non-competitive theories of training. With competitive labor markets, firms never pay for investments in general training, whereas when labor markets are imperfect, firm-sponsored training arises as an equilibrium phenomenon. We discuss a variety of evidence which support the predictions of non-competitive theories, and we draw some tentative policy conclusions from these models.
- Notes:
- Print version record
- September 1998.
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