The return to firm investment in human capital:
"In this paper the authors estimate the rate of return to firm investments in human capital in the form of formal job training. They use a panel of large firms with unusually detailed information on the duration of training, the direct costs of training, and several firm characteristics such as...
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| Main Authors: | , |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C]
World Bank
2006
|
| Series: | Policy research working paper
3851 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | "In this paper the authors estimate the rate of return to firm investments in human capital in the form of formal job training. They use a panel of large firms with unusually detailed information on the duration of training, the direct costs of training, and several firm characteristics such as their output, workforce characteristics, and capital stock. Their estimates of the return to training vary substantially across firms. On average it is -7 percent for firms not providing training and 24 percent for those providing training. Formal job training is a good investment for many firms and the economy, possibly yielding higher returns than either investments in physical capital or investments in schooling. In spite of this, observed amounts of formal training are small. "--World Bank web site |
| Item Description: | Includes bibliographical references. - Title from PDF file as viewed on 3/8/2006 Erscheinungsjahr in Vorlageform:[2006] Weitere Ausgabe: Carneiro, Pedro : The return to firm investment in human capital |
| Physical Description: | 1 Online-Ressource (24 Seiten) |
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| spellingShingle | Carneiro, Pedro Almeida, Rita The return to firm investment in human capital |
| title | The return to firm investment in human capital |
| title_auth | The return to firm investment in human capital |
| title_exact_search | The return to firm investment in human capital |
| title_full | The return to firm investment in human capital Pedro Carneiro, Rita Almeida |
| title_fullStr | The return to firm investment in human capital Pedro Carneiro, Rita Almeida |
| title_full_unstemmed | The return to firm investment in human capital Pedro Carneiro, Rita Almeida |
| title_short | The return to firm investment in human capital |
| title_sort | the return to firm investment in human capital |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3851 |
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