The structure of wages and investment in general training:
In the standard model of human capital with perfect labor markets general training. When labor market frictions compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage structure" turn technologically' general skills into speci...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
1998
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
6357 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | In the standard model of human capital with perfect labor markets general training. When labor market frictions compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage structure" turn technologically' general skills into specific' skills. Labor market frictions and institutions such as minimum wages and union wage setting, are crucial in shaping the wage structure thus have an important impact on training. Our results suggest that the more frictional and" regulated labor markets in Europe and Japan may generate more firm-sponsored general training" than the U.S. |
| Physical Description: | 25 S. |
Staff View
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| 490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 6357 | |
| 520 | |a In the standard model of human capital with perfect labor markets general training. When labor market frictions compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage structure" turn technologically' general skills into specific' skills. Labor market frictions and institutions such as minimum wages and union wage setting, are crucial in shaping the wage structure thus have an important impact on training. Our results suggest that the more frictional and" regulated labor markets in Europe and Japan may generate more firm-sponsored general training" than the U.S. | ||
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| indexdate | 2024-07-09T18:16:16Z |
| institution | BVB |
| language | English |
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| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Acemoglu, Daron 1967- Verfasser (DE-588)124929575 aut The structure of wages and investment in general training Daron Acemoglu ; Jörn-Steffen Pischke Cambridge, Mass. 1998 25 S. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6357 In the standard model of human capital with perfect labor markets general training. When labor market frictions compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage structure" turn technologically' general skills into specific' skills. Labor market frictions and institutions such as minimum wages and union wage setting, are crucial in shaping the wage structure thus have an important impact on training. Our results suggest that the more frictional and" regulated labor markets in Europe and Japan may generate more firm-sponsored general training" than the U.S. Personeelsopleiding gtt Salarissen gtt Mathematisches Modell Employees Training of Mathematical models Human capital Mathematical models Labor market Mathematical models Labor supply Mathematical models Wages Mathematical models Wirtschaft (DE-588)4066399-1 gnd rswk-swf Risiko (DE-588)4050129-2 gnd rswk-swf Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Diversifikation (DE-588)4012539-7 gnd rswk-swf Risiko (DE-588)4050129-2 s Wirtschaft (DE-588)4066399-1 s DE-604 Diversifikation (DE-588)4012539-7 s Wirtschaftswachstum (DE-588)4066527-6 s Pischke, Jörn-Steffen 1962- Verfasser (DE-588)11252138X aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6357 (DE-604)BV002801238 6357 http://papers.nber.org/papers/w6357.pdf kostenfrei Volltext |
| spellingShingle | Acemoglu, Daron 1967- Pischke, Jörn-Steffen 1962- The structure of wages and investment in general training National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Personeelsopleiding gtt Salarissen gtt Mathematisches Modell Employees Training of Mathematical models Human capital Mathematical models Labor market Mathematical models Labor supply Mathematical models Wages Mathematical models Wirtschaft (DE-588)4066399-1 gnd Risiko (DE-588)4050129-2 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd Diversifikation (DE-588)4012539-7 gnd |
| subject_GND | (DE-588)4066399-1 (DE-588)4050129-2 (DE-588)4066527-6 (DE-588)4012539-7 |
| title | The structure of wages and investment in general training |
| title_auth | The structure of wages and investment in general training |
| title_exact_search | The structure of wages and investment in general training |
| title_full | The structure of wages and investment in general training Daron Acemoglu ; Jörn-Steffen Pischke |
| title_fullStr | The structure of wages and investment in general training Daron Acemoglu ; Jörn-Steffen Pischke |
| title_full_unstemmed | The structure of wages and investment in general training Daron Acemoglu ; Jörn-Steffen Pischke |
| title_short | The structure of wages and investment in general training |
| title_sort | the structure of wages and investment in general training |
| topic | Personeelsopleiding gtt Salarissen gtt Mathematisches Modell Employees Training of Mathematical models Human capital Mathematical models Labor market Mathematical models Labor supply Mathematical models Wages Mathematical models Wirtschaft (DE-588)4066399-1 gnd Risiko (DE-588)4050129-2 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd Diversifikation (DE-588)4012539-7 gnd |
| topic_facet | Personeelsopleiding Salarissen Mathematisches Modell Employees Training of Mathematical models Human capital Mathematical models Labor market Mathematical models Labor supply Mathematical models Wages Mathematical models Wirtschaft Risiko Wirtschaftswachstum Diversifikation |
| url | http://papers.nber.org/papers/w6357.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT acemogludaron thestructureofwagesandinvestmentingeneraltraining AT pischkejornsteffen thestructureofwagesandinvestmentingeneraltraining |