TY - JOUR
AU1 - Booth, Alison L.
AU2 - Bryan, Mark L.
AB - 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. 
TI - Testing Some Predictions of Human Capital Theory: New Training Evidence from Britain
JF - The Review of Economics and Statistics
DO - 10.1162/0034653053970357
DA - 2005-05-01
UR - https://www.deepdyve.com/lp/mit-press/testing-some-predictions-of-human-capital-theory-new-training-evidence-NJihWbu7YP
SP - 391
EP - 394
VL - 87
IS - 2
DP - DeepDyve
ER -