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This paper finds that returns to computer use do not vary with the intensity of computer use. This is evidence against the productivity interpretation of these returns and supports the view that returns to computer use can be attributed tounobserved heterogeneity.
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This paper proposes a new approach to identify the wage effects of training. The idea is to narrow down the comparison group by only taking into consideration the workers who wanted to participate in training but did not do so because of some random event. The point estimate of the return to...
Persistent link: https://www.econbiz.de/10010262707
Standard economic theory predicts that firms will not invest in general training and will underinvest in specific training. Empirical evidence, however, indicates that firms do invest in general training of their workers. Evidence from laboratory experiments points to less underinvestment in...
Persistent link: https://www.econbiz.de/10010324838
This paper proposes a new approach to identify the wage effects of training.The idea is to narrow down the comparison group by only taking into consideration theworkers who wanted to participate in training but did not do so because of some randomevent. The point estimate of the return to...
Persistent link: https://www.econbiz.de/10010324889