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dc.contributor.authorPicchio, Matteoen_US
dc.contributor.authorvan Ours, Jan C.en_US
dc.date.accessioned2010-06-21en_US
dc.date.accessioned2010-07-23T09:32:42Z-
dc.date.available2010-07-23T09:32:42Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/36814-
dc.description.abstractRecent human capital theories predict that labor market frictions and product market competition influence firm-sponsored training. Using matched worker-firm data from Dutch manufacturing, our paper empirically assesses the validity of these predictions. We find that a decrease in labor market frictions significantly reduces firms' training expenditures. Instead, product market competition does not have an effect on firm-sponsored training. We conclude that increasing competition through international integration and globalization does not pose a threat to investments in on-the-job training. An increase in labor market flexibility may reduce incentives of firms to invest in training, but the magnitude of this effect is small.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit 4988en_US
dc.subject.jelD43en_US
dc.subject.jelJ24en_US
dc.subject.jelJ42en_US
dc.subject.jelL22en_US
dc.subject.jelM53en_US
dc.subject.ddc330en_US
dc.subject.keywordFirm-sponsored trainingen_US
dc.subject.keywordlabor market frictionsen_US
dc.subject.keywordproduct market competitionen_US
dc.subject.keywordmatched worker-firm dataen_US
dc.subject.stwBetriebliche Weiterbildungen_US
dc.subject.stwBildungsinvestitionen_US
dc.subject.stwArbeitsmarktflexibilisierungen_US
dc.subject.stwWettbewerben_US
dc.subject.stwUnvollkommener Markten_US
dc.subject.stwSch├Ątzungen_US
dc.subject.stwNiederlandeen_US
dc.titleMarket imperfections and firm-sponsored trainingen_US
dc.typeWorking Paperen_US
dc.identifier.ppn629715858en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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