Please use this identifier to cite or link to this item: http://hdl.handle.net/10316/13327
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dc.contributor.authorLopes, Ana Sofia-
dc.contributor.authorTeixeira, Paulino-
dc.date.accessioned2010-06-23T09:23:25Z-
dc.date.available2010-06-23T09:23:25Z-
dc.date.issued2010-
dc.identifier.citationEstudos do GEMF. 5 (2010)en_US
dc.identifier.urihttp://hdl.handle.net/10316/13327-
dc.description.abstractIn spite of the importance of workplace training in human capital accumulation, relatively little is known on its returns for workers and firms. Our investigation tries to fill this gap by developing an alternative modelling that examines the determinants of firm productivity and wages, on the one hand, and the internal rate of return to firm training investments, on the other. Our estimates, obtained using a firm-level dataset in which we have detailed information on firm-provided training, indicate that an additional hour of training per worker implies some 0.1 percent increase in productivity. We also found that 2/3 of the gains in productivity are captured by firms and 1/3 by workers. In turn, the internal rate of return for an average firm in our sample is equal to 11 percent while for workers it is considerably higher at 24 percent. As expected, the dispersion across firms is very high, with 66 percent of firms having a positive internal rate of return for an annual depreciation rate of 35 percent.en_US
dc.language.isoengen_US
dc.publisherFEUC. Grupo de Estudos Monetários e Financeirosen_US
dc.rightsopenAccessen_US
dc.subjectFirm-Provided Trainingen_US
dc.subjectInternal Rate of Returnen_US
dc.subjectHuman Capitalen_US
dc.subjectProductivityen_US
dc.titleProductivity, wages, and the returns to firm-provided training: who is grabbing the biggest share?en_US
dc.typeworkingPaperen_US
degois.publication.issue5en_US
degois.publication.locationCoimbraen_US
degois.publication.titleEstudos do GEMFen_US
uc.controloAutoridadeSim-
item.languageiso639-1en-
item.fulltextCom Texto completo-
item.grantfulltextopen-
crisitem.author.deptFaculdade de Economia, Universidade de Coimbra-
crisitem.author.researchunitGroup for Monetary and Financial Studies-
crisitem.author.orcid0000-0002-1285-6776-
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