This paper considers training, mobility decisions and wages together to test for the specificity of human capital … contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two …, we find that wages are lower for job changers for the group of training participants, so wages decrease when trained …

indices measure wage mobility by the extent to which averaging wages over a longer period decreases cross sectional inequality …

that the wages of internal movers are slightly more procyclical and wages of external movers considerably more procyclical … the procyclicality of wages for job stayers, with across- and within-firm mobility playing a lesser role. Thus, there is … little evidence for rigid wage models that imply that employers use changes in job titles as a means of adjusting wages to …

that the wages of internal movers are slightly more procyclical and wages of external movers considerably more procyclical … the procyclicality of wages for job stayers, with across- and within-firm mobility playing a lesser role. Thus, there is … little evidence for rigid wage models that imply that employers use changes in job titles as a means of adjusting wages to …