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IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
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http://hdl.handle.net/10419/35639
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| Title: | | Estimating complementarity between education and training  |
| Authors: | | Belzil, Christian Hansen, Jörgen Kristensen, Nicolai |
| Issue Date: | | 2008 |
| Series/Report no.: | | IZA discussion papers 3882 |
| Abstract: | | In this paper, we formulate and estimate a structural model of post-schooling training that explicitly allows for possible complementarity between initial schooling levels and returns to training. Precisely, the wage outcome equation depends on accumulated schooling and on the incidence of training. The effect of training on wage growth depends on individual permanent endowments as well as on education. We find evidence of statistically significant complementarity, i.e. the higher educated receive the highest return to the MBA-type training considered here. |
| Subjects: | | Skill complementarity dynamic treatment effects dynamic programming random coefficients |
| JEL: | | I2 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-2008121893 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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