The Return to Firm Investment in Human Capital

In this paper the authors estimate the rate of return to firm investments in human capital in the form of formal job training. They use a panel of large firms with unusually detailed information on the duration of training, the direct costs of training, and several firm characteristics such as their...

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Bibliographic Details
Main Authors: Almeida, Rita, Carneiro, Pedro
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/02/6600547/return-firm-investment-human-capital
http://hdl.handle.net/10986/8742