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TRAINING AND LABOUR MARKET SEGMENTATION
Author(s) -
Chapman Paul G.
Publication year - 1990
Publication title -
metroeconomica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.256
H-Index - 29
eISSN - 1467-999X
pISSN - 0026-1386
DOI - 10.1111/j.1467-999x.1990.tb00468.x
Subject(s) - homogeneous , training (meteorology) , economics , labour economics , human capital , market segmentation , segmentation , microeconomics , market economy , computer science , artificial intelligence , physics , meteorology , thermodynamics
A two period model of the training decision is analysed using a human capital approach. The segmented labour market model where training opportunities distinguish entrants is compared with a competitive structure with homogeneous entrants. The main conclusions in the paper are the clear effects of training wages and the different effects in the two market structures of both wages and employment prospects in the unskilled market on training.