TRAINING AND CONTRACTS: SOME DYNAMIC ASPECTS OF HUMAN CAPITAL FORMATION

Gareth Myles ()

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: A contracts-based model of the provision of training and employment with overlapping generations of workers is developed. Attention is focused on the role of the imperfect capital markets in the determination of contracts and on intertemporal variations in the levels of training and employment, these may exhibit cyclical or chaotic behaviour.

Keywords: training; contracts; human resources; employment (search for similar items in EconPapers)
Pages: 19 pages
Date: 1989
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https://warwick.ac.uk/fac/soc/economics/research/w ... 89-1994/twerp321.pdf

Related works:
Working Paper: Training and Contracts: Some Dynamic Aspects of Human Capital Formation (1989)
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Persistent link: https://EconPapers.repec.org/RePEc:wrk:warwec:321

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