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dc.contributor.authorMaliranta, Mikaen_US
dc.contributor.authorAsplund, Ritaen_US
dc.date.accessioned2012-09-21T11:00:45Z-
dc.date.available2012-09-21T11:00:45Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/63830-
dc.description.abstractWe study how upgrading the skills of the personnel affects a firm’s performance. Two different strategies are examined: 1) providing formal training and 2) strategic recruitment and separation policy. The use of register-based longitudinal employeremployee data supplemented with a survey on vocational training provides an opportunity to shed fresh light on the issue and allows us to address the usual econometric problems. We find that internally (but not externally) organized training stimulates subsequent growth of performance but only when combined with the implementation of new process or product technology. Hiring highly skilled workers is initially costly to firms but is productivityenhancing in the long run.en_US
dc.language.isoengen_US
dc.publisherThe Research Institute of the Finnish Economy (ETLA) Helsinkien_US
dc.relation.ispartofseriesETLA Discussion Papers, The Research Institute of the Finnish Economy (ETLA) 1105en_US
dc.subject.jelJ24en_US
dc.subject.jelM5en_US
dc.subject.jelO3en_US
dc.subject.jelD2en_US
dc.subject.ddc330en_US
dc.subject.keywordProductivity, profitability, training, education, hiringen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwHumankapitalen_US
dc.subject.stwBildungsniveauen_US
dc.subject.stwBerufsbegleitende Ausbildungen_US
dc.subject.stwPersonalbeschaffungen_US
dc.subject.stwPersonalauswahlen_US
dc.subject.stwSchätzungen_US
dc.subject.stwFinnlanden_US
dc.titleTraining and hiring strategies to improve firm performanceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn549984771en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:ETLA Discussion Papers, Research Institute of the Finnish Economy (ETLA)

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