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- W2131991483 abstract "A recent finding in the training literature is that there will be under-investment in skills if there is a positive quit rate, training is at least partially transferable, and there is imperfect competition in the labour market. We explore the conditions under which this under-investment result might be reversed. In economies characterised by uncertainty about future productivity, we show that a higher quit rate may increase the number of workers trained, by making firms wait less for information about future productivity before training new workers. At low quit rates, this offsets all of the under-investment effect." @default.
- W2131991483 created "2016-06-24" @default.
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- W2131991483 date "1999-04-01" @default.
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- W2131991483 title "Do quits cause under-training?" @default.
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- W2131991483 doi "https://doi.org/10.1093/oep/51.2.374" @default.
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