The Economics of Private Sector Training: A Survey of the Literature |
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Authors: | Edwin Leuven |
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Institution: | Universiteit van Amsterdam |
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Abstract: | Abstract. This survey organizes and summarizes existing theoretical work on private sector training. The theoretical models focus on investment efficiency, finance and turnover. Recent developments in the on-the-job training literature are characterized by strategic interaction between employers and employees and emphasize market imperfections. |
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Keywords: | Human capital Investment Training |
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