The return to firm investment in human capital / Pedro Carneiro, Rita Almeida.
Material type:
TextSeries: Policy research working papers ; no. 3851Publication details: Washington, D..C : World Bank, 2006.Description: 24p ; 27 cmSubject(s):
| Item type | Current library | Home library | Call number | Status | Barcode | |
|---|---|---|---|---|---|---|
Books
|
Main Campus Library | University of Eastern Africa, Baraton | Spc HG 3881.5 .W57 no.3851 (Browse shelf(Opens below)) | Available | 60260 |
Browsing University of Eastern Africa, Baraton shelves Close shelf browser (Hides shelf browser)
| No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | ||
| Spc HG 3881.5 .W57 no.3846 New product technology, accumulation, and growth / | Spc HG 3881.5 .W57 no. 3849 Determinants of deposit-insurance adoption and design / | Spc HG 3881.5 .W57 no.3850 Do regional trade pacts benefit the poor? an illustration from the Dominican Republic-Central American free trade agreement in Nicaragua / | Spc HG 3881.5 .W57 no.3851 The return to firm investment in human capital / | Spc HG 3881.5 .W57 no. 3852 The welfare effects of slum improvement programs : | Spc HG 3881.5 .W57 no.3856 Creating an efficient financial system : | Spc HG 3881.5 .W57 No. 3869 Early childhood development in Latin America and the Caribbean. |
Also available online.
"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 output, workforce characteristics, and capital stock. Their estimates of the return to training vary substantially across firms. On average it is -7 percent for firms not providing training. Formal job training is a good investment for many firms and the economy, possibly yielding higher returns than either investments in physical capital or investments in schooling. In spite of this, observed amounts of formal training are small"World Bank web site.
Includes bibliographical references.
Open access.
There are no comments on this title.