The effects of general and firm-specific training on wages and performance: evidence from banking

被引:26
|
作者
Jones, Derek C. [1 ]
Kalmi, Panu [2 ]
Kauhanen, Antti [3 ]
机构
[1] Hamilton Coll, Clinton, NY 13323 USA
[2] Aalto Univ, Sch Econ, Aalto 00076, Finland
[3] Finnish Econ, Res Inst, Helsinki, Finland
来源
OXFORD ECONOMIC PAPERS-NEW SERIES | 2012年 / 64卷 / 01期
关键词
RESEARCH-AND-DEVELOPMENT; PANEL-DATA; FINANCIAL INSTITUTIONS; LABOR-MARKETS; PRODUCTIVITY; INVESTMENTS; EFFICIENCY; WORKERS; EQUATIONS; EARNINGS;
D O I
10.1093/oep/gpr013
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using new panel data for Finnish co-operative banks we study the impact of training on wages and performance. To our knowledge, this is the first paper to compare explicitly the effects of general and firm-specific workplace training on outcomes for both employees and firms. Unlike much existing literature, we find stronger evidence that training improves worker outcomes rather than organizational performance. Depending upon specification, the estimated wage elasticity with respect to training ranges from 3-7%, whereas we find virtually no effects on organizational performance.
引用
收藏
页码:151 / 175
页数:25
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