Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24217
Authors: 
Kuckulenz, Anja
Year of Publication: 
2006
Series/Report no.: 
ZEW Discussion Papers 06-25
Abstract: 
Wage and productivity effects of training are compared to study how the training rent is shared between employers and employees. With panel data from 1996-2002, I analyse the impact of continuing training on wages and productivity in a Cobb-Douglas production framework. Using system GMM techniques allows me to account for endogeneity and time invariant unobserved factors. Results suggest that the training rent is shared between employer and employee due to a positive effect of continuing training on both wages and productivity. The effect on productivity is about three times higher than the one on wages. High skilled workers capture a larger share of the rent than low skilled workers.
Subjects: 
continuing vocational training
system GMM estimation
wage effect
productivity effect
external effect
JEL: 
C23
C21
J24
J31
Document Type: 
Working Paper

Files in This Item:
File
Size
371.17 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.