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Author Görlitz, Katja
Source EconStor
Content type Text
Publisher Verein für Socialpolitik
File Format PDF
Language English
Subject Domain (in DDC) Social sciences ♦ Economics
Subject Keyword Continuous training ♦ wage returns ♦ selection effects ♦ Human Capital; Skills; Occupational Choice; Labor Productivity ♦ Wage Level and Structure; Wage Differentials
Abstract Using German linked employer-employee data, this paper investigates the impact of further training on wages. The estimation technique applied was primarily introduced by Leuven and Oosterbeek (2008). The idea is to compare wages of employees who intended to participate in training but did not do so because of a random event with wages of employees who actually participated. My results suggest that the size of the point estimates of the wage returns is large, even though they are statistically insignificant. In addition, the decision to participate in training is associated with sizeable selection effects. On average, participants have an initial wage advantage of more than 3% compared to non-participants.
Part of series Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Empirical Studies of Training and Education xD10-V2
Learning Resource Type Article
Publisher Date 2010-01-01
Publisher Place Frankfurt a. M.
Rights Holder http://www.econstor.eu/dspace/Nutzungsbedingungen