Using nationally representative survey data for Finnish employees linked to register data on their wages and work …

It is standard in the literature on training to use wages as a sufficient statistic for productivity. But there are … training, productivity and wages. Using a variety of econometric estimation techniques (including system GMM) we find that … an increase in wages of about 0.3%. Furthermore, we find that the magnitude of the impact of training on wages is only …

This paper assesses the potential of `workplace training' with reference to German Apprenticeship. When occupational … matching is important, we derive conditions under which firms provide `optimal' training packages. Since the German system …, and show that training is transferable across a wide range of occupations, such as a one-digit occupation group. We …

In efficient global labour markets for very high wage workers one might expect wage differentials between migrant and … domestic workers to reflect differences in labour productivity. However, using panel data on worker-firm matches in a single … only partially accounted for by individual labour productivity. We show that the differential partly reflects the superstar …

Job polarisation has had strong effects on US workers' relative wages, according to research by Michael Boehm. His … study examines whether the decline in manufacturing and clerical jobs has been responsible for the lagging wages of middle … shows that labour market returns to middle-skill jobs have declined relative to high- and low-skill jobs. …

skills into occupations prevents credible identification of polarization's effect on wages. I solve the selection …-bias problem by studying the changes in returns to occupation-specific skills instead of the changes in occupational wages using …- (low-) as opposed to middle-skill occupations is associated with a .29 (.70) percent increase in expected wages over time …

for investments in training andphysical capital across the Atlantic, which is roughly in line with this theoretical … typicallyheld by less skilled workers. Firms in Europe have more incentives to invest in less skilledworkers, because minimum wages … or union contracts mandate that relatively high wages haveto be paid to these workers. I report some empirical evidence …