Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/249569 
Year of Publication: 
2022
Series/Report no.: 
GLO Discussion Paper No. 1046
Publisher: 
Global Labor Organization (GLO), Essen
Abstract: 
This paper surveys the emerging economics literature on the relationship between employee training and firm performance. Most studies find very high returns to training, at least from the perspective of firms, indicating that the costs of training can be recouped in short periods of time. These results follow from different identification approaches, including randomised control trials. The training provided is typically of a general nature, which is consistent with employers' labour market power. Several areas for future research are also proposed, including the role of labour market institutions in promoting training and the extent to which the productivity effects of training are shared with employees.
Subjects: 
Productivity
Skills
Competences
Human Capital
Lifelong Learning
Employment
Public Policy
Programme Evaluation
JEL: 
M53
I26
J24
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.