Intra-firm Wage compression and Coverage of Training Costs
利用德国雇主-雇员匹配数据，研究发现企业内部工资压缩程度越大的企业，越可能承担全部直接和间接培训成本，这与不完全劳动力市场理论一致。
The author uses German linked employer-employee data to estimate the impact of intra-firm wage dispersion on the probability that establishments pay for further training. About half of all establishments in the estimation sample cover all direct and indirect training costs, which contradicts the standard human capital approach with perfect labor markets. The main finding of cross-section, panel, and instrumental variable probit estimations is that establishments with larger intra-firm wage compression are more likely to cover all direct and indirect training costs, which is consistent with theoretical considerations of the “new training literature” about imperfect labor markets.