Training and the Growth of Wage Inequality
INDUSTRIAL RELATIONS: A JOURNAL OF ECONOMY AND SOCIETY, Vol. 35, No. 4, October 1996
Posted: 7 May 1998
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Training and the Growth of Wage Inequality
Abstract
Shifts in the incidence of training over the 1980s favored more-educated, more-experienced workers. These shifts, coupled with increases in returns to skill, suggest that training may have contributed to the growth of between-group wage inequality in this period. However, because i) the shifts in training were too small, and ii) the returns to training did not rise, only small fractions of the increases in returns to schooling and experience over this period can be explained by changes in the distribution of or returns to training.
JEL Classification: J24, J31
Suggested Citation: Suggested Citation