not match their educational level, settling for lower wages than their peers. This raises the question, how these …

' wages. An exogenous school reform varying at the state and year level caused the missing cohort to occur. Using … missing cohort increases training wages measured at the start of training. Further analyses shed light on the opposite case of … dual cohorts, which we find to increase training provision and to decrease training wages. The evidence also shows that …

A well-established stylised fact is that employer provided job-related training raises productivity and wages. Using UK … very effective in reducing inequality, measured as the distance between skilled and unskilled wages and incomes. …

How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …