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Student work placements in small firms : Do they pay-off or shift tastes?
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UNSPECIFIED (2006) Student work placements in small firms : Do they pay-off or shift tastes? Small Business Economics, Volume 26 (Number 2). pp. 125-144. doi:10.1007/s11187-004-2438-6 ISSN 0921-898X.
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Official URL: http://dx.doi.org/10.1007/s11187-004-2438-6
Abstract
We present a model of training investments and employment outcomes. In this model training may enhance trainees' tastes for particular types of career (taste shift) and/or shift their wage offer distributions (pay-off). An empirical analysis is conducted with a unique data-set of UK graduates. These data contain information on students' career tastes before small-firm placements as well as their employment outcomes after graduation. Analysis of these data indicates that the placements provide a pay-off among highly employable graduates who face certain disadvantages in the labour market. Conversely individuals, who expressed a taste for small-firm careers before placements, are more likely to take-up small-firm employment after placements suggesting these individuals experience enhanced opportunities for their preferred career. However individuals with pre-placement large-firm preferences have no greater likelihood of entering small-firms' employment after placements indicating there is no fundamental effect on career tastes.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HF Commerce H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
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| Journal or Publication Title: | Small Business Economics | ||||
| Publisher: | Springer New York LLC | ||||
| ISSN: | 0921-898X | ||||
| Official Date: | March 2006 | ||||
| Dates: |
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| Volume: | Volume 26 | ||||
| Number: | Number 2 | ||||
| Number of Pages: | 20 | ||||
| Page Range: | pp. 125-144 | ||||
| DOI: | 10.1007/s11187-004-2438-6 | ||||
| Publication Status: | Published |
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