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Firm-Sponsored General Training in Frictional Labour Markets: An Empirical Analysis for Switzerland Author info | Abstract | Publisher info | Download info | Related research | Statistics Gerfin, Michael () (University of Bern and IZA Bonn)
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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.
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number
1077.
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Length: 20 pages
Date of creation: Mar 2004Date of revision:
Handle: RePEc:iza:izadps:dp1077Contact details of provider: Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany Phone: +49 228 3894 223 Fax: +49 228 3894 180 Web page: http://www.iza.org
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Keywords: training ; wages ; market imperfections ; mobility ; Other versions of this item:
Find related papers by JEL classification: I2 - Health, Education, and Welfare - - Education J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Jörn-Steffen Pischke, 2001.
"Continuous training in Germany ,"
Journal of Population Economics ,
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[Downloadable!] (restricted)
Other versions:
Jorn-Steffen Pischke, 1996.
"Continuous Training in Germany ,"
NBER Working Papers
5829, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Pischke, J-S, 1996.
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96-28, Massachusetts Institute of Technology (MIT), Department of Economics.
Pischke, Jörn-Steffen, 2000.
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IZA Discussion Papers
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"Continuous Training In Germany ,"
CEPR Discussion Papers
2428, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Goux, Dominique & Maurin, Eric, 2000.
"Returns to firm-provided training: evidence from French worker-firm matched data1 ,"
Labour Economics ,
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[Downloadable!] (restricted)
Michael Gerfin, 2003.
"Work-Related Training and Wages: An empirical analysis for male workers in Switzerland ,"
Diskussionsschriften
dp0316, Universitaet Bern, Departement Volkswirtschaft.
[Downloadable!]
Other versions: Loewenstein, Mark A & Spletzer, James R, 1998.
"Dividing the Costs and Returns to General Training ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 16(1), pages 142-71, January.
[Downloadable!] (restricted)
Stevens, Margaret, 1994.
"A Theoretical Model of On-the-Job Training with Imperfect Competition ,"
Oxford Economic Papers ,
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[Downloadable!] (restricted)
Booth, Alison L & Zoega, Gylfi, 2001.
"Is Wage Compression a Necessary Condition for Firm-Financed General Training? ,"
CEPR Discussion Papers
2845, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Groot, Wim, 1995.
"The Wage Effects of Investments in Enterprise-Related Training ,"
Empirical Economics ,
Springer, vol. 20(1), pages 133-47.
Daron Acemoglu & Jorn-Steffen Pischke, 1999.
"The Structure of Wages and Investment in General Training ,"
Journal of Political Economy ,
University of Chicago Press, vol. 107(3), pages 539-572, June.
[Downloadable!] (restricted)
Other versions:
Acemoglu, Daron & Pischke, Jörn-Steffen, 1998.
"The Structure of Wages and Investment in General Training ,"
CEPR Discussion Papers
1833, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Acemoglu, D. & Pischke, J.S., 1997.
"The Structure of Wages and Investment in General Training ,"
Working papers
97-24, Massachusetts Institute of Technology (MIT), Department of Economics.
Daron Acemoglu & Jorn-Steffen Pischke, 1998.
"The Structure of Wages and Investment in General Training ,"
NBER Working Papers
6357, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Rita Asplund, 2004.
"The Provision and Effects of Company Training. A brief review of the literature ,"
Discussion Papers
907, The Research Institute of the Finnish Economy.
[Downloadable!]
Andrea Bassanini & Giorgio Brunello, 2008.
"Is training more frequent when the wage premium is smaller? Evidence from the European Community Household Panel ,"
Post-Print
halshs-00214192_v1, HAL.
[Downloadable!]
Other versions: Rita Asplund, 2005.
"The Provision and Effects of Company Training: A Brief Review of the Literature ,"
Nordic Journal of Political Economy ,
Nordic Journal of Political Economy, vol. 31, pages 47-73.
[Downloadable!]
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