Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63830 
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dc.contributor.authorMaliranta, Mikaen
dc.contributor.authorAsplund, Ritaen
dc.date.accessioned2012-09-21T11:00:45Z-
dc.date.available2012-09-21T11:00:45Z-
dc.date.issued2007-
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
dc.language.isoengen
dc.publisher|aThe Research Institute of the Finnish Economy (ETLA) |cHelsinkien
dc.relation.ispartofseries|aETLA Discussion Papers |x1105en
dc.subject.jelJ24en
dc.subject.jelM5en
dc.subject.jelO3en
dc.subject.jelD2en
dc.subject.ddc330en
dc.subject.keywordProductivity, profitability, training, education, hiringen
dc.subject.stwProduktivitäten
dc.subject.stwHumankapitalen
dc.subject.stwBildungsniveauen
dc.subject.stwBerufsbegleitende Ausbildungen
dc.subject.stwPersonalbeschaffungen
dc.subject.stwPersonalauswahlen
dc.subject.stwSchätzungen
dc.subject.stwFinnlanden
dc.titleTraining and hiring strategies to improve firm performance-
dc.typeWorking Paperen
dc.identifier.ppn549984771en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:rif:dpaper:1105en

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