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Why Do Firms Train? Theory and Evidence

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NBER1996-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5605
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This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The crucial ingredient in our model is that the current employer has superior information about the worker's ability relative to other firms. This informational advantage gives the employer
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1996-06-01
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