Flinn, Christopher J.; Gemici, Ahu; Laufer, Steven - 2016
and we match moments that relate the incidence and timing of observed training episodes to outcomes such as wage growth … and job-to-job transitions. We use our model to offer a novel interpretation of standard Mincer wage regressions in terms … of search frictions and returns to training. Finally, we show how a minimum wage can reduce training opportunities and …