Human capital investment and job creation: the role of the education and production systems

Sonedda, Daniela (2018): Human capital investment and job creation: the role of the education and production systems.

Abstract

This paper provides empirical evidence on two mechanisms through which a committed investment in human capital serves as a stepping stone into permanent employment. I verify whether regional disparities in general education and production systems affect the capacity of the apprenticeship labour contract to create job matches that persist over time. I find that when the quality of the regional education system is good, the medium-run gains in terms of permanent employment can be moderate. However, a small number of productive firms in a region limits the quantity of job entries as apprentices.

• Item Type: MPRA Paper
• Language: English
• Keywords: Human capital; permanent employment; education system; production system
• Subjects: J - Labor and Demographic Economics > J0 - General; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital ; Skills ; Occupational Choice ; Labor Productivity; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R2 - Household Analysis > R23 - Regional Migration ; Regional Labor Markets ; Population ; Neighborhood Characteristics

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