Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/189652 
Year of Publication: 
2007
Series/Report no.: 
RatSWD Research Note No. 11
Publisher: 
Rat für Sozial- und Wirtschaftsdaten (RatSWD), Berlin
Abstract: 
This study investigates whether the incidence of continued vocational education has changed as the German workforce commenced an aging process which is expected to intensify. As the lifespan in productive employment lengthens human capital investments for older workers become increasingly worthwhile. Using the data of a German population survey we describe recent trends in the development of human capital investments and apply decomposition procedures to the probability of continued education. Holding everything else constant the shift in the population age distribution by itself would haveb lead to a decline in training participation over the considered period, 1996-2004. However, the decomposition analyses yield that behavioral changes caused an increase in training particularly among older workers. This is confirmed by multivariate regressions on pooled cross-sectional data: the increase in training probabilities is highest among older workers.
Subjects: 
specific human capital investment
training
population aging
demographic change
JEL: 
J24
J10
M53
Document Type: 
Working Paper

Files in This Item:
File
Size





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