Training and the Growth of Wage Inequality

Jill Constantine and David Neumark

No 4729, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Shifts in the incidence of various types of training over the 1980s favored more-educated, more-experienced workers. Coupled with the fact that this training is associated with higher wages, these shifts suggest that training may have contributed to the growth of wage inequality in this period. However, the shifts were apparently too small, or the returns to training too low, for training to have played a substantial role in this increase. The estimated changes in wage differentials associated with schooling and experience are at best only slightly smaller once we account for changes in the distribution of training across schooling and experience groups, as well as changes in the returns to training and in the length of training programs.

JEL-codes: J24 J31 (search for similar items in EconPapers)
Date: 1994-05
Note: LS
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Published as Industrial Relations, Vol. 35, no. 4 (October 1996): 491-510.

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