| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10480342 | Labour Economics | 2011 | 10 Pages |
Abstract
⺠We study the effect of product market volatility on a firm's training decision. ⺠We model a firm's decision whether to multiskill or specialize workers. ⺠Firms trade off flexibility of multiskilled workers for expertise of specialists. ⺠We test our theory using a cross section of British establishments. ⺠We find that greater volatility is associated with greater specialization.
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Social Sciences and Humanities
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Economics and Econometrics
Authors
Jed DeVaro, Martin Farnham,