Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/36814 
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dc.contributor.authorPicchio, Matteoen
dc.contributor.authorvan Ours, Jan C.en
dc.date.accessioned2010-06-21-
dc.date.accessioned2010-07-23T09:32:42Z-
dc.date.available2010-07-23T09:32:42Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x4988en
dc.subject.jelD43en
dc.subject.jelJ24en
dc.subject.jelJ42en
dc.subject.jelL22en
dc.subject.jelM53en
dc.subject.ddc330en
dc.subject.keywordFirm-sponsored trainingen
dc.subject.keywordlabor market frictionsen
dc.subject.keywordproduct market competitionen
dc.subject.keywordmatched worker-firm dataen
dc.subject.stwBetriebliche Weiterbildungen
dc.subject.stwBildungsinvestitionen
dc.subject.stwArbeitsmarktflexibilisierungen
dc.subject.stwWettbewerben
dc.subject.stwUnvollkommener Markten
dc.subject.stwSchätzungen
dc.subject.stwNiederlandeen
dc.titleMarket imperfections and firm-sponsored training-
dc.type|aWorking Paperen
dc.identifier.ppn629715858en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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