文章基本信息

标题：Wage Di®erentiation via Subsidised General Training ¤
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作者：V. Bhaskar Steinar Holden
期刊名称：Discussion Papers / Department of Economics, University of Essex
出版年度：2002
卷号：2002
出版社：University of Essex
摘要：We provide a new explanation for why ¯rms pay for general train- ing in a competitive labor market. If ¯rms are unable to tailor indi- vidual wages to ability, for informational or institutional reasons, they will pay for general training in order to attract better quality workers. The market provision of training may well exceed the ¯rst best level. Our explanation relies on wage compression within skill categories, while imperfect competition based explanations for ¯rm subsidised general training rely on wage compression across skill categories.