Firm‐Specific Human Capital: A Skill‐Weights Approach
提出一种新的技能权重方法，认为所有技能都是通用的，但企业以不同权重使用它们，从而解释工资曲线和人力资本成本分担如何取决于市场厚度，以及企业为何为看似通用的培训付费。
The theory of human capital is agnostic on what constitutes firm-specific skills. The theory specifies that specific skills contribute to productivity only at the current firm. A broader approach lets all skills be general, but firms use them with different weights attached. For example, computer programming, economics, and accounting are general skills, but there may be only one firm that wants workers trained in all three. One implication is that wage profiles and the split of human capital costs depend on thickness of the market. Another is that firms pay for what appears to be general training. (c) 2009 by The University of Chicago. All rights reserved.