Testing Some Predictions of Human Capital Theory: New Training Evidence from Britain
利用英国家庭面板调查数据检验多种理论对培训的预测，发现雇主资助的培训与当前及未来企业的更高工资相关，且对未来企业影响更大，支持存在信贷约束的人力资本理论或不完全竞争劳动力市场的新培训文献。
We confront the predictions of various theories with new training data from the British Household Panel Survey. We find that employer-financed training is associated with significantly higher wages at current and future firms, with a larger impact in future firms. This is consistent with human capital theory with credit constraints and with the new training literature assuming imperfectly competitive labor markets.