Dearden, Lorraine; Reed, Howard; Reenen, John Van - In: Oxford Bulletin of Economics and Statistics 68 (2006) 4, pp. 397-421
It is standard in the literature on training to use wages as a sufficient statistic for productivity. This paper examines the effects of work-related training on direct measures of productivity. Using a new panel of British industries 1983-96 and a variety of estimation techniques we find that...
