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On-the-Job Training, Firing Costs and Employment
by Pilar Diaz-Vazquez, Dennis J. Snower
(October 2003)
published in: Contributions to Economic Analysis & Policy, 2005, 4 (1)

Abstract:
This paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over the booms and recessions of the business cycle).
Text: See Discussion Paper No. 910