A Theoretical Model of On-the-Job Training with Imperfect Competition.
Training for skills that are transferable to other firms, but for which the external labor market is imperfectly competitive, cannot be analyzed using the traditional tools of general and specific training. It is known that firms (as well as workers) have an incentive to invest in such training but...
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| Format: | Journal article |
| Language: | English |
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1994
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