On‐the-Job Specific Training and Efficient Screening
研究雇佣关系中在职筛选与公司特定培训的潜在冲突,发现培训技术高效时雇主可能牺牲筛选过程中的工人表现,为培训投资不足提供新解释。
Employment relationships are governed by short‐term incomplete contracts and typically involve on‐the-job screening and firm‐specific training. This article studies a dynamic employment relationship with these features and identifies a potential conflict between the employer's twin objectives to screen and train the worker: when the training technology is quite productive, the employer may have to sacrifice from worker performance during the screening process. The article thus offers an explanation for why firms may invest suboptimally on training, which complements the standard “inappropriable rents” explanation based on ex post mobility of young employees.