General Training by Firms, Apprentice Contracts, and Public Policy.
Workers will not pay for general on-the-job training if contracts are not enforceable. Firms may if there are mobility frictions. Private information about worker productivities, however, prevents workers who quit receiving their marginal products elsewhere. Their new employers then receive external...
| Main Authors: | , , |
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| Format: | Working paper |
| Language: | English |
| Published: |
CESifo
2002
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