Human capital theory predicts that training should reduce starting wages, yet this relationship remains empirically undocumented. Estimation of how training affects wages must control heterogeneity bias. I do this by estimating first-difference starting wage regressions on a sample of workers...

We estimate the effect of minimum wages on employment duration using event history data from the 1988–1994 rounds of the National Longitudinal Survey of Youth. Existing literature takes two alternative tracks: Some studies predict reduced turnover due to rents created by minimum wages, others...

Using data from the Employment Opportunities Pilot Project, we examine the relationships between minimum wages, wage growth, and on-the-job training. We find that minimum wage jobs exhibit less wage growth than other jobs, particularly for men. We find no evidence, however, of a unique minimum...

This paper uses data from the National Longitudinal Survey of Youth (NLSY) to investigate gender differences in returns to various forms of human capital. Since the NLSY includes relatively detailed information regarding on- and off-the-job training, we place special emphasis on measuring gender...