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Mincer, Jacob; Higuchi, Yoshio – 1988
A study was conducted to test the proposition that intensive formation of human capital on the job is the basic reason for the strong degree of worker attachment to the firm in Japan. The greater emphasis on training and retraining, much of it specific to the firm, results also in steeper wage trajectories, because of growth of skills in the firm,…
Descriptors: Employer Employee Relationship, Employment Experience, Employment Level, Employment Practices