A note on noncompetes, bargaining and training by firms
This paper analyzes how noncompetes, via wage bargaining, can affect firms' incentives to provide their employees with on-the-job training. The results show that noncompetes increase incentives to provide general training, but reduce those related to specific training.
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98-12, Massachusetts Institute of Technology (MIT), Department of Economics.
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- Daron Acemoglu & Jorn-Steffen Pischke, 1998. "Beyond Becker: Training in Imperfect Labor Markets," NBER Working Papers 6740, National Bureau of Economic Research, Inc.
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- Shaked, Avner & Sutton, John, 1984. "Involuntary Unemployment as a Perfect Equilibrium in a Bargaining Model," Econometrica, Econometric Society, vol. 52(6), pages 1351-64, November.
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