Firm Provision of General Training and Specific Human Capital Acquisition
The existing literature on training is concerned with understanding the reasons why firms pay for the general skills of their workers, but without explaining which firms train which workers. This paper develops a theory that both explains the willingness of firms to pay for general training, and acc...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2004
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