Why do people who have more formal education than others also in general tend to receive more

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Why do people who have more formal education than others also in general tend to receive more on-the-job training during their careers? What is the implication of this fact for the distribution of earnings?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Contemporary Labor Economics

ISBN: 978-1259290602

11th Edition

Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson

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