Inefficient job destructions and training with hold-up

"This paper develops an equilibrium search model with endogenous job destructions and where firms decide at the time of job entry how much to invest in match-specific human capital. We first show that job destruction and training investment decisions are strongly complementary. It is possible t...

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Bibliographic details
Volume: 25
Main Author: Chéron, Arnaud
Rouland, Bénédicte
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Oxford, UK Blackwell Publishing Ltd 2011
Wiley Subscription Services, Inc
published in: Labour (Rome, Italy) Vol. 25; no. 4; pp. 397 - 420
Data of publication: 2011
ISSN: 1467-9914
EISSN: 1467-9914
Discipline: Economics
Bibliography: We thank the anonymous referee for very helpful comments. Evidently, all remaining errors are ours.
Online Access: available in Bonn?
Database: FIS Bildung Literaturdatenbank
Academic OneFile (A&I only)
Database information Databases - DBIS