Product markets and industry-specific training
نویسندگان
چکیده
منابع مشابه
A Product-Market Theory of Industry-Specific Training
We develop a product market theory that explains why firms provide their workers with skills that are sufficiently general to be potentially useful for competitors. We consider a model where firms first decide whether to invest in industry-specific human capital, then make wage offers for each others’ trained employees and finally engage in imperfect product market competition. Equilibria with ...
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ژورنال
عنوان ژورنال: The RAND Journal of Economics
سال: 2012
ISSN: 0741-6261
DOI: 10.1111/j.1756-2171.2012.00182.x