{"citation":{"short":"M. Pannenberg, Zeitschrift Für Wirtschafts- Und Sozialwissenschaften 117 (1997) 525–543.","ama":"Pannenberg M. Financing On-The-Job Training: Shared Investment or Promotion Based System? Evidence from Germany. <i>Zeitschrift für Wirtschafts- und Sozialwissenschaften</i>. 1997;117(4):525–543. doi:<a href=\"https://doi.org/10.3790/schm.117.4.525\">10.3790/schm.117.4.525</a>","bibtex":"@article{Pannenberg_1997, title={Financing On-The-Job Training: Shared Investment or Promotion Based System? Evidence from Germany}, volume={117}, DOI={<a href=\"https://doi.org/10.3790/schm.117.4.525\">10.3790/schm.117.4.525</a>}, number={4}, journal={Zeitschrift für Wirtschafts- und Sozialwissenschaften}, publisher={Duncker &#38; Humblot}, author={Pannenberg, Markus}, year={1997}, pages={525–543} }","apa":"Pannenberg, M. (1997). Financing On-The-Job Training: Shared Investment or Promotion Based System? Evidence from Germany. <i>Zeitschrift Für Wirtschafts- Und Sozialwissenschaften</i>, <i>117</i>(4), 525–543. <a href=\"https://doi.org/10.3790/schm.117.4.525\">https://doi.org/10.3790/schm.117.4.525</a>","mla":"Pannenberg, Markus. “Financing On-The-Job Training: Shared Investment or Promotion Based System? Evidence from Germany.” <i>Zeitschrift Für Wirtschafts- Und Sozialwissenschaften</i>, vol. 117, no. 4, Duncker &#38; Humblot, 1997, pp. 525–543, doi:<a href=\"https://doi.org/10.3790/schm.117.4.525\">10.3790/schm.117.4.525</a>.","chicago":"Pannenberg, Markus. “Financing On-The-Job Training: Shared Investment or Promotion Based System? Evidence from Germany.” <i>Zeitschrift Für Wirtschafts- Und Sozialwissenschaften</i> 117, no. 4 (1997): 525–543. <a href=\"https://doi.org/10.3790/schm.117.4.525\">https://doi.org/10.3790/schm.117.4.525</a>.","ieee":"M. Pannenberg, “Financing On-The-Job Training: Shared Investment or Promotion Based System? Evidence from Germany,” <i>Zeitschrift für Wirtschafts- und Sozialwissenschaften</i>, vol. 117, no. 4, pp. 525–543, 1997.","alphadin":"<span style=\"font-variant:small-caps;\">Pannenberg, Markus</span>: Financing On-The-Job Training: Shared Investment or Promotion Based System? Evidence from Germany. In: <i>Zeitschrift für Wirtschafts- und Sozialwissenschaften</i> Bd. 117, Duncker &#38; Humblot (1997), Nr. 4, S. 525–543"},"title":"Financing On-The-Job Training: Shared Investment or Promotion Based System? Evidence from Germany","main_file_link":[{"open_access":"1"}],"publication_identifier":{"unknown":[" 0342-1783 "]},"volume":117,"type":"journal_article","doi":"10.3790/schm.117.4.525","intvolume":"       117","page":"525–543","language":[{"iso":"eng"}],"user_id":"220548","publisher":"Duncker & Humblot","abstract":[{"text":"Though the shared investment hypothesis of human capital theory, i.e. that employers and employees share the costs of and the return on investment in firm-specific human capital, is widely accepted, we know little about the empirical evidence. The paper shows that in German data (1984-1991) there is no empirical evidence for the shared investment hypothesis. Rather we observe that employers use career ladders to protect one-sided investments against opportunistic bargaining. In contrast to these shortcomings we find convincing evidence for human capital theory, analysing the effects of on-the-job training itself on subsequent job mobility, career ladders and wage growth.","lang":"eng"}],"publication":"Zeitschrift für Wirtschafts- und Sozialwissenschaften","status":"public","author":[{"full_name":"Pannenberg, Markus","last_name":"Pannenberg","id":"201086","first_name":"Markus"}],"year":"1997","date_created":"2021-06-03T12:44:08Z","issue":"4","date_updated":"2024-12-16T08:51:12Z","oa":"1","_id":"1158"}