Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/36814 
Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 4988
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Recent 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.
Schlagwörter: 
Firm-sponsored training
labor market frictions
product market competition
matched worker-firm data
JEL: 
D43
J24
J42
L22
M53
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
446.62 kB





Publikationen in EconStor sind urheberrechtlich geschützt.