Human capital and competition: strategic complementarities in firm-based training
Vocational training systems differ markedly between countries. A model of firm-based human capital investment predicts equilibria characterised by particular patterns of training and job-to-job mobility, consistent with observed cross-country differences. Incentives to invest in human capital are de...
| Glavni avtor: | |
|---|---|
| Format: | Working paper |
| Izdano: |
University of Oxford
2012
|