Working paper icon

Working paper

On-the-job training and the effects of insider power

Subtitle:
SKOPE Research Paper No. 39, Spring 2003
Abstract:

Suppose insiders use their market power to push up their wages, while entrants receive their reservation wages. How will employment be affected? In addressing this question, we focus on the role of on-the-job training. We show that an insider wage hike reduces recession-time employment but, in the presence of on-the-job training can make insider wage hikes less detrimental to average employment (over booms and recessions). We show that when such training is sufficiently high and when economic...

Expand abstract
Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's version

Actions


Access Document


Files:

Authors


More by this author
Institution:
Universidad de Santiago de Compostela, Spain
Role:
Author
More by this author
Institution:
Birkbeck College, London
Department:
Department of Economics
Role:
Author
Publisher:
ESRC Centre on Skills, Knowledge and Organisational Performance (SKOPE) Publisher's website
Series:
SKOPE Research Papers
Publication date:
2003-01-01
ISSN:
1466-1535
URN:
uuid:36234c5f-9af5-4b90-b2a2-1b024a7f01b8
Local pid:
ora:3921

Terms of use


Metrics


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP