2024-03-28T23:25:11Z
https://nagoya.repo.nii.ac.jp/oai
oai:nagoya.repo.nii.ac.jp:00008937
2023-11-13T02:05:00Z
659:853:854:1065
A Theory of Firm-Specific Training in Labor Markets
SUGIURA, Hiroaki
open access
This paper reinterprets firm-specific training and examines the firm’s optimal training policy. The notable feature of our model is that the extent of usefulness of skills is determined by the relationship between firms. That is, the worker’s productivity depends not only on how the current firm requires specific skills but also on how the other does. Specificity matching between two firms plays an important role in the determination of productivity. We analyzed what conditions are necessary for the firms that require firm-specific skills to exist in a competitive market. In our model, worker’s risk aversion is shown to be essential for the existence of these firms.
名古屋大学経済学会
2002-09-30
eng
departmental bulletin paper
VoR
https://doi.org/10.18999/ecos.50.2.137
http://hdl.handle.net/2237/10698
https://nagoya.repo.nii.ac.jp/records/8937
10.18999/ecos.50.2.137
0022-9725
経済科学
50
2
137
153
https://nagoya.repo.nii.ac.jp/record/8937/files/ecos_50_2_137.pdf
application/pdf
1.5 MB
2018-02-19