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Title: Training, Wages, and the Human Capital Model
Resulting in 1 citation.
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Veum, Jonathan R. |
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Training, Wages, and the Human Capital Model Presented: San Francisco, CA, Population Association of America Meetings, 1995 Cohort(s): NLSY79 Publisher: Population Association of America Keyword(s): Human Capital Theory; Modeling; Training; Training, Employee; Training, Occupational; Training, On-the-Job; Wage Growth; Wages Permission to reprint the abstract has not been received from the publisher. In this paper, recent data from the National Longitudinal Survey of Youth are used to examine the predictions of the human capital model concerning the relationship between training and wages. As implied by the model, training received from the current employer is associated with increased wage growth. However, there is no indication that company training is negatively related to the starting wage. Also, there is evidence that training is general, or is portable across employers. Hence, contrary to the implications of the traditional human capital model, employers appear to pay for general training. |
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Bibliography Citation
Veum, Jonathan R. "Training, Wages, and the Human Capital Model." Presented: San Francisco, CA, Population Association of America Meetings, 1995. |