Arulampalam, Wiji; Booth, Alison L; Bryan, Mark L - C.E.P.R. Discussion Papers - 2004
, scale and shape of the conditional wage distribution. Human capital theory suggests that the percentage returns to training … investments will be the same across the conditional wage distribution. Other theories - whether based on imperfections in the … conditional wage distribution. Only Belgium was an outlier in this respect. Our results do indicate, however, that there are …