Another piece of the puzzle: Firms’ investment in training as production of optimal skills inventory
Abstract Background By applying the inventory theory to hiring skilled workers under uncertainty, the authors explain how firms decide on their optimum investment in an “inventory of skills.” This paper investigates the conditions under which firms are willing to make investments in a skilled workfo...
Main Authors: | Harald Pfeifer, Uschi Backes-Gellner |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2018-06-01
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Series: | Empirical Research in Vocational Education and Training |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1186/s40461-018-0067-6 |
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