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The market for training : a human capital approach

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Bosworth, Derek L., Wilson, Robert A. and Assefa, Abbebe (1993) The market for training : a human capital approach. International Journal of Manpower, Volume 14 (Number 2). pp. 33-46. doi:10.1108/EUM0000000000915

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Official URL: http://dx.doi.org/10.1108/EUM0000000000915

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Abstract

Considers the optimal training decisions of firms and individuals, and provides a number of reasons why there may be underinvestment in the market for training. Reflects on the individual′s decision to invest in training in the context of dynamic labour supply theories. This is combined with a model of the firm′s decision‐making process to provide a “market for training” in which wage‐training‐employment contracts are determined.

Item Type: Journal Article
Divisions: Faculty of Social Sciences > Institute for Employment Research
Journal or Publication Title: International Journal of Manpower
Publisher: Emerald Group Publishing Limited
ISSN: 0143-7720
Official Date: 1993
Dates:
DateEvent
1993Published
Volume: Volume 14
Number: Number 2
Number of Pages: 34
Page Range: pp. 33-46
DOI: 10.1108/EUM0000000000915
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access

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