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...

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...