Human capital investment and job creation: the role of the education and production systems

Daniela Sonedda

MPRA Paper from University Library of Munich, Germany

Abstract: This paper provides empirical evidence on two mechanisms through which a committed investment in human capital serves as a stepping stone into permanent employment. I verify whether regional disparities in general education and production systems affect the capacity of the apprenticeship labour contract to create job matches that persist over time. I find that when the quality of the regional education system is good, the medium-run gains in terms of permanent employment can be moderate. However, a small number of productive firms in a region limits the quantity of job entries as apprentices.

Keywords: Human capital; permanent employment; education system; production system (search for similar items in EconPapers)
JEL-codes: J0 J24 R23 (search for similar items in EconPapers)
Date: 2018-12
New Economics Papers: this item is included in nep-lma
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91902

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