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J.J. Prescott

JJ Prescott is the Henry King Ransom Professor of Law at the University of Michigan.
Antitrust and Competition

First Evidence on the Use of Training Repayment Agreements in the US Labor Force

J.J. Prescott
Similar to noncompete clauses in employment contracts, training repayment agreements, which require employees to pay back their employers for firm-sponsored training if they quit early, can impede worker mobility and reduce competition in labor markets. The authors document the pervasiveness and characteristics of these provisions and suggest directions for future research.

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The publication of the Stigler Center at The University of Chicago Booth School of Business

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