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Title: Human Capital, Contracts and Worker-Firm Attachment in the US Labor Market
Resulting in 1 citation.
1. Mahone, Zachary L.
Human Capital, Contracts and Worker-Firm Attachment in the US Labor Market
Ph.D. Dissertation, Department of Economics, University of Minnesota, 2016
Cohort(s): NLSY79
Publisher: ProQuest Dissertations & Theses (PQDT)
Keyword(s): Human Capital; Skills; Training; Wage Growth

Permission to reprint the abstract has not been received from the publisher.

Chapter 2 estimates the returns to on-the-job training and, in particular, asks how portable these acquired skills are from one job to the next. I build a model of a labor market with undirected, on-the-job search and counteroffers where firms may sign long-term contracts with workers that jointly determine wages and costly training (human capital acquisition). For any amount of training, some fraction of the human capital acquired is job-specific and is lost upon job termination.
Bibliography Citation
Mahone, Zachary L. Human Capital, Contracts and Worker-Firm Attachment in the US Labor Market. Ph.D. Dissertation, Department of Economics, University of Minnesota, 2016.