On-the-Job Training, Firing Costs and Employment

Dennis Snower and Pilar Diaz-Vazquez

No 4241, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This Paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over the booms and recessions of the business cycle).

Keywords: Average employment; Firing costs; On-the-job training (search for similar items in EconPapers)
JEL-codes: E24 J23 J24 J32 J64 (search for similar items in EconPapers)
Date: 2004-02
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Citations: View citations in EconPapers (2)

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Working Paper: On-the-Job Training, Firing Costs and Employment (2003)
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