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Firm Training

Author

Listed:
  • Dan A. Black
  • Lars Skipper
  • Jeffrey A. Smith
  • Jeffrey Andrew Smith

Abstract

Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm training to the overall stock of worker human capital. We engage with research on the determinants of receipt of firm training, the effects of firm training on workers outcomes, and various policy debates related to firm training, including training taxes, training subsidies, non-compete agreements, and the minimum wage. Our discussion emphasizes the complex measurement issues associated with firm training and the interplay of applied theory and applied econometrics in the related empirical literature.

Suggested Citation

  • Dan A. Black & Lars Skipper & Jeffrey A. Smith & Jeffrey Andrew Smith, 2023. "Firm Training," CESifo Working Paper Series 10268, CESifo.
    • Handle: RePEc:ces:ceswps:_10268
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    More about this item

    Keywords

    training; human capital; firm; worker; classroom; learning by doing; monopsony; minimum wage; training tax; non-compete;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J42 - Labor and Demographic Economics - - Particular Labor Markets - - - Monopsony; Segmented Labor Markets
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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