Job Training, Wage Growth, and Labor Turnover

Using explicit information on timing and duration of job training in panels of PSID men, I find negative effects of training on turnover and positive effects on wage growth in the firm and over longer periods (1968 to 1983). Wages of trainees grow 4-6% faster per year over periods of training

利用收入动态面板研究（PSID）男性面板数据中关于职业培训时间点与持续时长的明确信息，我发现培训对离职率存在负面影响，且对企业内及更长时期（1968年至1983年）的工资增长具有积极作用。受训者的工资在培训期间每年增长速度快4-6%。