Journal of Labor Economics Vol. 7 No. 1 1989
Job Matching and On-the-Job Training
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 workers are matched to jobs requiring varying amounts of training. This matching process constitutes a key feature of the on-the-job training model presented in this article and tested with a unique data set containing extensive information concerning on-the-job training, employer search, wages, and wage and productivity growth.
- DOI
- 10.1086/298196
- Volume
- 7
- Issue
- 1
- Pages
- 1-19
- Language
- en
- Sources
- openalex crossref