Book chapter 2023

Firm training

BD
Black, Dan A.
 SL
Skipper, Lars
 SJ
Smith, Jeffrey Andrew
Handbook of the Economics of Education
Journal · Vol. 7 · pp. 287-468
Abstract

Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm training to the overall stock of worker human capital. We engage with research on the determinants of receipt of firm training, the effects of firm training on workers outcomes, and various policy debates related to firm training, including training taxes, training subsidies, noncompete agreements, and the minimum wage. Our discussion emphasizes the complex measurement issues associated with firm training and the interplay of applied theory and applied econometrics in the related empirical literature. © 2023 Elsevier B.V.

Keywords

Author Keywords

Training human capital Minimum wage classroom Firm Learning by doing Monopsony Noncompete Training tax Worker

Index Keywords

Author Affiliations
The University of Chicago Harris School of Public Policy, Chicago, IL, United States
Aarhus Universitet, Aarhus, Midtjylland, Denmark
University of Wisconsin-Madison, Madison, WI, United States
Funding & Acknowledgements
No funding information
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