Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109520
Authors: 
Görlitz, Katja
Tamm, Marcus
Year of Publication: 
2015
Series/Report no.: 
Discussion Paper, School of Business & Economics: Economics 2015/11
Abstract: 
This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random event like course cancellation by the provider of training. We find no impact of voucher training on wages, employment, job tasks and on subjective outcomes (in particular, the risk of job loss and job satisfaction). However, there is evidence that training participants report to better match the skill requirements of their job.
Subjects: 
training
vouchers
returns to training
program evaluation
JEL: 
I22
I26
J24
M53
Document Type: 
Working Paper

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