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https://hdl.handle.net/10419/24615
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Muehler, Grit | en |
dc.contributor.author | Beckmann, Michael | en |
dc.contributor.author | Schauenberg, Bernd | en |
dc.date.accessioned | 2009-02-16T14:58:03Z | - |
dc.date.available | 2009-02-16T14:58:03Z | - |
dc.date.issued | 2007 | - |
dc.identifier.uri | http://hdl.handle.net/10419/24615 | - |
dc.description.abstract | The present paper examines the wage effects of continuous training programs using individual-level data from the German Socio Economic Panel (GSOEP). In order to account for selectivity in training participation we estimate average treatment effects (ATE and ATT) of general and firm-specific continuous training programs using several state-of-the-art propensity score matching (PSM) estimators. Additionally, we also apply a combined matching difference-indifferences (MDiD) estimator to account for unobserved individual characteristics (e.g. motivation, ability). While the estimated ATE and ATT for general training are significant ranging between about 4 and 7.5 %, the corresponding wage effects of firm-specific training are mostly insignificant. Using the more appropriate MDiD estimator, however, we find a more precise and highly significant wage effect of about 5 to 6 %, though only for general training and not for firm-specific training. These results are consistent with standard human capital theory insofar as general training is associated with larger wage increases than firm-specific training. Furthermore, we conclude that firms may intend to use specific training to adjust to new job requirements, while career-relevant changes may be conditioned to general training. | en |
dc.language.iso | eng | en |
dc.publisher | |aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim | en |
dc.relation.ispartofseries | |aZEW Discussion Papers |x07-048 | en |
dc.subject.jel | M53 | en |
dc.subject.jel | C21 | en |
dc.subject.jel | J31 | en |
dc.subject.jel | J24 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Continuous training | en |
dc.subject.keyword | wage effect | en |
dc.subject.keyword | average treatment effect | en |
dc.subject.keyword | selectivity bias | en |
dc.subject.keyword | propensity score matching estimators | en |
dc.subject.stw | Weiterbildung | en |
dc.subject.stw | Bildungsertrag | en |
dc.subject.stw | Arbeitsmarktpolitik | en |
dc.subject.stw | Schätztheorie | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Deutschland | en |
dc.title | The Returns to Continuous Training in Germany: New Evidence from Propensity Score Matching Estimators | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 539954322 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:zewdip:5874 | en |
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