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Job Matching and On-the-Job Training

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  • Barron, John M
  • Black, Dan A
  • Loewenstein, Mark A

Abstract

Conventional analysis predicts that workers pay part of their on-the-job training costs by accepting a lower starting wage and subsequently realize a return to this investment in the form of greater wage growth. Missing from the conventional treatment of on-the-job training is a discussion of the process by which heterogeneous worker s are matched to jobs requiring varying amounts of training. This matching process constitutes a key feature of the on-the-job training model that is presented in this article and tested with a unique dat a set containing extensive information concerning on-the-job training, employer search, wages, and wage and productivity growth. Copyright 1989 by University of Chicago Press.

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Bibliographic Info

Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 7 (1989)
Issue (Month): 1 (January)
Pages: 1-19

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Handle: RePEc:ucp:jlabec:v:7:y:1989:i:1:p:1-19

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Web page: http://www.journals.uchicago.edu/JOLE/

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