The existence of counteroffers can lead to a variety of important labor-market features. This article develops a model of the selective use of counteroffers in which a firm decides whether to extend counteroffers after a worker informs the firm of an alternative offer. We outline factors that...

Barron, Berger, and Black pulling together in one place answers to important questions regarding access to training opportunities, the duration of OJT across workers who differ by job and personal characteristics, and how accurately we are able to measure training.

We examine the relationships among on-the-job training, starting wages, wage growth, and productivity growth. Our models suggest that training lowers starting wages, but the estimated magnitudes are small. When firms are asked directly, we find that they pay higher starting wages to workers...