Heterogeneous Working Qualifications - The Impact of Advanced Training as a Converter
AbstractIf firms demand heterogeneous working qualifications, each has to decide whether to choose its preferred qualification and be incompatible to other firms' qualifications or to standardize and choose the same qualification as other firms. The model analyses whether advanced training, which achieves partial compatibility ex-post, can reduce the trade-off between standardization and variety of working qualifications. Advanced training can reduce incompatibility in some cases, but in other cases advanced training replaces standardization, thereby missing complete compatibility. The state can correct the incentives of the firm by influencing the costs or the "perfection" of the advanced training
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Bibliographic InfoPaper provided by University of Hamburg, Institute of Economics in its series Faechergruppe Volkswirtschaftlehre with number 90.
Length: 19 pages
Date of creation: 1996
Date of revision:
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Postal: Institute of Economics, University of Hamburg, Von-Melle-Park 5, D-20146 Hamburg F.R.G
Phone: +49 (0)40 6541 2590
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Web page: http://www.hsu-hh.de/fgvwl/
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TRAINING; LABOUR MARKET; ENTERPRISES;
Find related papers by JEL classification:
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
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