| Titre | Formation sur le tas et rendements de l'expérience : un modèle de diffusion du savoir | |
|---|---|---|
| Auteur | Louis Lévy-Garboua | |
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Revue | Economie et prévision |
| Numéro | no 116, 1994/5 Économie de l'éducation | |
| Rubrique / Thématique | Économie de l'éducation |
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| Page | 79-88 | |
| Résumé anglais |
On-the-Job Training and the Return on Experience: A Model of Skills Dissemination,
by Louis Lévy-Garboua.
This paper points out that Mincerian gains functions do not result from an optimization process and that the interpretation of the facts is based too much on hypotheses (length of finite life, depreciation of human capital and specific training), which diminish the scope. As on-the-job training is the weak link in the theory, we propose a model of on-the-job training through skills dissemination. This model removes the need for the hypotheses. The model limits on-the-job training to the skills contained in the company, which are dictated to the employees by the company rather than chosen freely by the employees. Consequently, instead of emanating from the employee's optimization of his human assets, training is determined by the dissemination of the company's skills. It is therefore shown that the marginal return on experience decreases a lot faster than the quadratic function would suggest and that it is dependent on the relative skills of the company in relation to the new employee. The marginal return on experience is also linked to the rate of skills dissemination. In this model, on-the-job training always decreases with experience and tends towards zero, even though the time scale is infinite, the depreciation in human capital is zero and its returns are constant. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1994_num_116_5_5700 |
