publication . Article . 1989

Job Matching and On-the-Job Training

John M. Barron; Dan A. Black; Mark A. Loewenstein;
Open Access
  • Published: 01 Jan 1989 Journal: Journal of Labor Economics, volume 7, issue 1 January, pages 1-19
Abstract
Conventional analysis predicts that workers pay part of their on-the-job training costs by accepting a lower starting wage and subsequently realize a return to this investment in the form of greater wage growth. Missing from the conventional treatment of on-the-job training is a discussion of the process by which heterogeneous worker s are matched to jobs requiring varying amounts of training. This matching process constitutes a key feature of the on-the-job training model that is presented in this article and tested with a unique dat a set containing extensive information concerning on-the-job training, employer search, wages, and wage and productivity growth. ...
Subjects
free text keywords: Wage, media_common.quotation_subject, media_common, On-the-job training, Economics, Compensating differential, Efficiency wage, Conventional treatment, Labour economics, Productivity, Wage growth
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publication . Article . 1989

Job Matching and On-the-Job Training

John M. Barron; Dan A. Black; Mark A. Loewenstein;