Konferenzbeitrag

Intra-firm Wage Compression and Cost Coverage of Training: Evidence from Linked Employer-Employee Data

This paper uses German linked employer-employee data in order to estimate the impact of intra-firm wage dispersion on the probability that firms pay for continuous training. About half of all firms in the estimation sample cover all direct and indirect training costs, which contradicts the standard human capital approach with perfect labor markets. The main finding of my cross-section, panel, and instrumental variable Probit estimations is that firms with larger intra-firm wage compression are indeed more likely to cover all direct and indirect training costs, which is consistent with theoretical considerations of the "new training literature" about imperfect labor markets.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2013: Wettbewerbspolitik und Regulierung in einer globalen Wirtschaftsordnung - Session: Training and Apprenticeship ; No. D07-V2

Classification
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Personnel Economics: Training

Event
Geistige Schöpfung
(who)
Pfeifer, Christian
Event
Veröffentlichung
(who)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel und Hamburg
(when)
2013

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Pfeifer, Christian
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2013

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