Konings, Jozef; Vanormelingen, Stijn - In: The Review of Economics and Statistics 2 (2015) 97, pp. 485-497
This paper uses firm-level panel data of on-the-job training to estimate its impact on productivity and wages. To this end, we apply and extend the control function approach for estimating production functions, which allows us to correct for the endogeneity of input factors and training. We find...