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| Author: | Maki, T. Yotsuya, K. Yagi, T. |
| Title: | Economic growth and the riskiness of investment in firm-spesific skills |
| Journal: | European Economic Review
2005 : MAY, VOL. 48:4, p. 1033-1049 |
| Index terms: | Skills Workers Models |
| Language: | eng |
| Abstract: | This article studies the relation between workers' labour environment and economic growth using a simple growth model. When there is a possibility that worker's firm specific skills may become obsolete a need to invest in general skills can arise. The workers' risks concerning these investments are examined. |
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