EconStor >
Institute for Fiscal Studies (IFS), London >
IFS Working Papers, Institute for Fiscal Studies (IFS) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/47472
  
Title:Career progression and formal versus on-the-job training PDF Logo
Authors:Adda, Jerome
Dustmann, Christian
Meghir, Costas
Robin, Jean-Marc
Issue Date:2009
Series/Report no.:IFS working papers 09,06
Abstract:We model the choice of individuals to follow or not apprenticeship training and their subsequent career. We use German administrative data, which records education, labour market transitions and wages to estimate a dynamic discrete choice model of training choice, employment and wage growth. The model allows for returns to experience and tenure, match specific effects, job mobility and search frictions. We show how apprenticeship training affects labour market careers and we quantify its benefits, relative to the overall costs. We then use our model to show how two welfare reforms change life-cycle decisions and human capital accumulation: One is the introduction of an Earned Income Tax Credit in Germany, and the other is a reform to Unemployment Insurance. In both reforms we find very significant impacts of the policy on training choices and on the value of realized matches, demonstrating the importance of considering such longer term implications.
Document Type:Working Paper
Appears in Collections:IFS Working Papers, Institute for Fiscal Studies (IFS)

Files in This Item:
File Description SizeFormat
607850019.pdf651.88 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/47472

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