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The Human Capital of Firms and the Formal Training of Workers (Английский)

The benefits of formal training are numerous, and yet in many regions few firms utilize them. This study builds on the literature by exploring how two forms of human capital—the quality of management practices and the proportion of university educated employees—influence the adoption of formal training. Using both cross-sectional and panel firm-level data for 29 economies in Eastern Europe and Central Asia and six economies in the Middle East and...
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