Journal Article
Testing some predictions of human capital theory: new training evidence from Britain
Authors
Publication date
2005
Abstract
We confront the predictions of various theories with new training data from the British Household Panel Survey. We find that employer-financed training is associated with significantly higher wages at current and future firms, with a larger impact in future firms. This is consistent with human capital theory with credit constraints and with the new training literature assuming imperfectly competitive labor markets.
Published in
Review of Economics and Statistics
Volume and page numbers
87 (2):391-394 , 391 -394
Subjects
Training: Labour Market, Labour Market, Labour Economics, and Wages And Earnings
Links
Notes
Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*
Related publications
-
Testing Some Predictions of Human Capital Theory: New Training Evidence from Britain
-
Testing Some Predictions of Human Capital Theory: New Training Evidence from Britain
-
Testing Some Predictions of Human Capital Theory: New Training Evidence from Britain
-
Testing Some Predictions of Human Capital Theory: New Training Evidence from Britain
#507979