Human capital theory predicts that older workers are less likely to participate in on-the-job training than younger workers, due to lower net returns on such investments. Early retirement institutions are likely to affect these returns. Using the European Community Household Panel we show that...

Using cross-section data from the 1997 Skills Survey of the Employed British Workforce, we examine the labour-market returns to self-assessed computer skills in Britain. Many researchers, using information on computer technology use, have concluded that wage differentials between computer users...