Dearden, Lorraine; Reed, Howard; Van Reenen, John - 2000
There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We … productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …