Training programs for the unemployed typically involve training specific skills in demand amongst employers. In 1997, Swedish unemployed could also choose general schooling at the upper secondary level. This offers a unique opportunity to assess the theoretically ambiguous long-term relative...

This paper investigates the relation between workers on-the-job training activities and the degree of wage compression in their occupation. With respect to general training as opposed to firm-specific training human capital theory implies that the worker initiates and finances the training when...