Employees with specific training have less incentive to quit, and firms have less incentive to fire them,
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Question:
Employees with specific training have less incentive to quit, and firms have less incentive to
fire them, than employees with no training or general training... (Becker 1964)
Explain the statement above based on article written by Victoria Kenny S, 'Effects of Human Capital Investment on Unemployment Volatility in Nigeria (1981 - 2015)'.
(25 Marks)
link: https://www.researchgate.net/publication/332403228_Effects_of_Human_Capital_Investment_on_Unemployment_Volatility_in_Nigeria_1981-2015
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