Using data from the National Longitudinal Survey of Youth from 1986 to 1990, the author investigates the wage impact of various sources of training—among them, company training programs, apprenticeships, business schools, vocational and technical institutes, correspondence courses, and...

Using National Longitudinal Survey of Youth data, the authors analyze the determinants and consequences of a promotion among young workers. Most events that workers called “promotions†involved no change in position or duties, but were simply an upgrade of the current position....