Información del artículo
Abstract
In this article we analyse how labour market imperfections affect training hours using a firms panel from Spain. In fact, we use the scope of collective bargaining as a proxy for the relative strength of organized labour because of the Spanish institutional framework. We find a clear and relevant positive effect of collective agreements at the firm level on training, measured as hours lost from work and devoted to training. As this type of collective agreements is also associated with higher wage compression we interpret this result as supporting the Acemoglu-Pischke model on training in imperfectly competitive labour markets.
Keywords:
unions
firm-level agreements
wage compression
imperfectly competitive labour markets
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The data used in this paper were provided by the Social and Labour Statistics Office from the Spanish Ministry of Employment and Social Affairs. We are indebted to Carmen Salido for her assistance and patience with our requests.
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