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Author:Kessler, A. S.
Lülfesmann, C.
Title:The theory of human capital revisited: on the interaction of general and specific investments
Journal:Economic Journal
2006 : OCT, VOL. 116:514, p. 903-923
Index terms:human capital
training
Language:eng
Abstract:The article reconsiders the human capital theory by Becker and shows that there exists an incentive complementarity between employer-sponsored general and specific training. The authors also concider the desirability of institutionalized training programmes and the virtues of breach penalties.
SCIMA record nr: 262772
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