Arbeitspapier

Is Training More Frequent When Wage Compression Is Higher? Evidence from the European Community Household Panel

When labor markets are imperfectly competitive, firms may be willing to finance general training if the wage structure is compressed, that is, if the increase of productivity after training is greater than the increase in pay. We propose a novel way of testing this proposition, which exploits the variation in training incidence and in the training wage premium within the European Union. Our results unambiguously show that (general) training incidence is higher in clusters – defined by country, sector, occupation and educational attainment – with a lower training wage premium, measured as the differential between the median wage growth of trained and untrained employees.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 839

Klassifikation
Wirtschaft
Labor Contracts
Wage Level and Structure; Wage Differentials
Human Capital; Skills; Occupational Choice; Labor Productivity
Thema
training
wage compression
ECHP
Betriebliche Bildungsarbeit
Bildungsinvestition
Arbeitsproduktivität
Lohnstruktur
Schätzung
EU-Staaten

Ereignis
Geistige Schöpfung
(wer)
Bassanini, Andrea
Brunello, Giorgio
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Bassanini, Andrea
  • Brunello, Giorgio
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2003

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