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According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater the investment in general training. Using data from...
Persistent link: https://www.econbiz.de/10012444200
This chapter explores immigrant labor market adjustment by first describing methodological and theoretical considerations central to the analysis of earnings growth and occupational mobility. When no restrictions are placed on entry earnings or earnings growth, an inverse relationship between...
Persistent link: https://www.econbiz.de/10014025480