further use the Olley-Pakes methodology to estimate total factor productivity (TFP) and show that TFP has increased in most …

productivity and wages. Workers receiving training are on average more productive than workers not receiving training. This makes … firms more productive. On-the-job training increases firm level measured productivity between 1 and 2%, compared to firms … productivity. Average wages increase only by 0.5%. Sectoral spillovers between firms that train workers are found, but only in …

We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks …