Arbeitspapier

An Explanation of International Differences in Education and Workplace Training

We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment from the market and training. Compared to Germany and Japan, the US has both a higher inflow rate into unemployment and a higher efficiency of the matching process. While the combined effort of these differences on the share of educated labor is ambiguous, the effect on the percentage of firms undertaking workplace training is to unambiguously reduce it.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 114

Klassifikation
Wirtschaft
Wage Level and Structure; Wage Differentials
Human Capital; Skills; Occupational Choice; Labor Productivity
Thema
Education
workplace training
Bildungsinvestition
Betriebliche Bildungsarbeit
Arbeitsnachfrage
Offene Stellen
Arbeitslosigkeit
Arbeitsplatzsuchmodell
Vergleich
Theorie
USA
EU-Staaten

Ereignis
Geistige Schöpfung
(wer)
Brunello, Giorgio
Medio, Alfredo
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Brunello, Giorgio
  • Medio, Alfredo
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2000

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