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On-the-Job Training, Firing Costs and Employment

By Pilar Díaz-vázquez and Dennis Snower Y


This paper explores the in‡uence of on-the-job training on the employment e¤ect of …ring costs. It shows that on-the-job training (generating …rm speci…c skills) cause …ring costs to have a contractionary in‡uence on average employment (over the booms and recessions of the business cycle)

Topics: Average employment, Firing costs, On-the-job training, Universidad de Santiago de Compostela, Departamento de Fundamentos del Análisis Económico
Year: 2003
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