Continuous training and wages: An empirical analysis using a comparison-group approach
Economics of Education Review Volume 30, Number 4, ISSN 0272-7757 Publisher: Elsevier Ltd
Using German linked employer–employee data, this paper investigates the short-term impact of on-the-job training on wages. The applied estimation approach was first introduced by . Wages of employees who intended to participate in training but did not do so because of a random event are compared to wages of training participants. The estimated wage returns are statistically insignificant. Furthermore, the decision to participate in training is associated with sizeable selection effects. On average, participants have a wage advantage of more than 4% compared to non-participants.
Görlitz, K. (2011). Continuous training and wages: An empirical analysis using a comparison-group approach. Economics of Education Review, 30(4), 691-701. Elsevier Ltd.