Training And Contracts: Some Dynamic Aspects Of Human Capital Formation
AbstractA contracts-based model of the provision of training and employment with overlapping generations of workers is developed. Attention is focused on the role of the imperfect capital markets in the determination of contracts and on intertemporal variations in the levels of training and employment, these may exhibit cyclical or chaotic behaviour.
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Bibliographic InfoPaper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 321.
Length: 19 pages
Date of creation: 1989
Date of revision:
training ; contracts ; human resources ; employment;
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