Occupation-Specific Human Capital and Local Labor Markets (Paperback)

Most skills acquired through on-the-job training may be specific to an occupation and therefore transferable to some but not all firms. This paper explores the relationship between the size of the local market for an occupation-specific skill and job-training outcomes. The Stevens (1994) model of training predicts that as market size increases, job turnover increases and training becomes more general. I test these predictions using data on blue-collar workers and variation in market size across U.S. metropolitan areas. The empirical results support the theoretical predictions and the impacts are most relevant at low levels of market size.

General

Imprint:	Bibliogov
Country of origin:	United States
Release date:	2013
First published:	2013
Authors:	Jeffrey A. Groen
Dimensions:	246 x 189 x 3mm (L x W x T)
Format:	Paperback - Trade
Pages:	50
ISBN-13:	978-1-288-63216-9
Categories:	Books > Social sciences > Politics & government > General
LSN:	1-288-63216-9
Barcode:	9781288632169

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