Job Matching and On-the-Job Training

John Barron (), Dan Black and Mark A Loewenstein

Journal of Labor Economics, 1989, vol. 7, issue 1, 1-19

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.

Date: 1989
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