Download or read book A New Approach to Estimate the Wage Returns to Work related Training written by Edwin Leuven and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Job Training written by Jacob Mincer and published by . This book was released on 1989 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On the job Training written by Harley Frazis and published by Now Publishers Inc. This book was released on 2007-01-09 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: On-the-Job Training surveys the recent literature from both a theoretical and empirical perspective. The analysis of how individuals obtain and are paid for their skills is fundamental to labor economics. The basic idea of human capital theory is that workers and firms invest in workers' skills in order to increase their productivity, much as persons invest in financial or physical assets to earn income. Workers develop many skills through formal education not tied to an employer, but an important part of their skills are learned on the job. On-the-Job Training focuses on recent literature including empirical research using direct measures of training and theoretical papers inspired by findings from this empirical work. The authors presents a theoretical model showing that costs and returns to general human capital may be shared if training increases mobility costs, if there are constraints on lowering wages, or if there is uncertainty about the value of training at competing employers. This model analyzes the choice of the amount of training, emphasizing the influence of whether the employer can commit to training prior to employment. In addition, the model implies that firms will attempt to match low-turnover workers with training opportunities, which is supported by the empirical literature.
Download or read book The Wage Returns to On the Job Training written by Rita Almeida and published by . This book was released on 2014 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Skills shortages and skill mismatch are a pressing concern for policymakers in several developing countries, and in East Asia specifically. Providing on-the-job training can be an effective policy tool to shape the skills of the existent workforce to the specific needs of the firms. This paper explores a unique data set of matched employer-employee data for Malaysia and Thailand to estimate the wage return to on-the-job training in these two countries. Exploring propensity score matching estimates, we show that the average wage returns to on-the-job training are 7.7% for Malaysia and 4.5% for Thailand. Furthermore, we find evidence that the wage returns to on-the-job training are higher for males than for females in Malaysia and that, for both countries, returns are higher for workers with at least secondary education.
Download or read book Training and Wage Growth written by Paul Adrian Lengermann and published by . This book was released on 1996 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Return on Investment in Training and Performance Improvement Programs written by Jack J. Phillips and published by Routledge. This book was released on 2003 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this book guides you through a proven, results-based approach to calculating the Return on Investment in training and performance improvement programs. Phillips provides you with the tools to identify the key indicators for measurement and how to measure them effectively.
Download or read book General and Specific Training written by Mark Loewenstein and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Gary Becker first noted in his seminal article on investment in human capital, the effect of training on wages and mobility can be expected to depend crucially on the degree to which the training is specific or general. While Becker's model is well accepted by labor economists, the topic of specific and general training is an area where empirical work is substantially lagging the theory. The degree of generality incorporated in employer-provided training has implications for topics such as welfare policy and how economists interpret the returns to tenure and experience. In this paper, we explicitly document the specificity and generality of employer-provided training and then analyze how wage growth and mobility are influenced by these direct measures of specific and general training. Our empirical work uses data from the 1993 National Longitudinal Survey of Youth (NLSY) and the Employer Opportunity Pilot Project survey (EOPP). Each of these surveys asked about the degree of generality incorporated in the training that the individual receives. In spite of the emphasis that labor economists have placed on specific training, we find that workers in the NLSY and employers in the EOPP indicate that most of the skills learned in training are useful elsewhere. Furthermore, utilizing a unique measure of relevant experience in the EOPP data, we show that employers not only frequently recognize the value of skills that workers have learned from training provided by previous employers, but they also substitute previous training for their own training. As one would expect, this substitution only takes place when the skills required on the current job are general. In addition, wage equations estimated from both the EOPP and the NLSY data indicate that skills learned in past jobs are rewarded by a worker's current employer. Our mobility equations are also consistent with the hypothesis that much on-the-job training is quite general. Interestingly, we are unable to find any systematic difference in the wage returns to specific and general training provided by the current employer. This can be partly explained by a combination of measurement error in the data, poorly worded questions that do not measure precisely the economic concepts of specificity and generality, and employers sharing the costs and returns to general as well as specific training. In fact, both our within and across job wage equations are consistent with several recent models that predict that employers will often extract some of the returns to the general training they provide.
Download or read book Wage Returns of Company Training Evidence from a Comparison Group Approach written by Christiane Hinerasky and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effective Training written by P. Nick Blanchard and published by Prentice Hall. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Minimum Wage and Labor Market Outcomes, Christopher Flinn argues that inassessing the effects of the minimum wage (in the United States and elsewhere), a behavioralframework is invaluable for guiding empirical work and the interpretation of results. Flinn developsa job search and wage bargaining model that is capable of generating labor market outcomesconsistent with observed wage and unemployment duration distributions, and also can account forobserved changes in employment rates and wages after a minimum wage change. Flinn uses previousstudies from the minimum wage literature to demonstrate how his model can be used to rationalize andsynthesize the diverse results found in widely varying institutional contexts. He also shows howobserved wage distributions from before and after a minimum wage change can be used to determine ifthe change was welfare-improving. More ambitiously, and perhaps controversially, Flinn proposes theconstruction and formal estimation of the model using commonly available data; model estimates thenenable the researcher to determine directly the welfare effects of observed minimum wage changes.This model can be used to conduct counterfactual policy experiments--even to determine"optimal" minimum wages under a variety of welfare metrics. The development of the modeland the econometric theory underlying its estimation are carefully presented so as to enable readersunfamiliar with the econometrics of point process models and dynamic optimization in continuous timeto follow the arguments. Although most of the book focuses on the case where only the unemployedsearch for jobs in a homogeneous labor market environment, later chapters introduce on-the-jobsearch into the model, and explore its implications for minimum wage policy. The book also containsa chapter describing how individual heterogeneity can be introduced into the search, matching, andbargaining framework.
Download or read book Wage Effects of On the job Training written by Carla Haelermans and published by . This book was released on 2011 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: A meta-analysis is used to study the average wage effects of on-the-job training. This study shows that the average reported wage effect of on-the-job training, corrected for publication bias, is 2.6 per cent per course. The analyses reveal a substantial heterogeneity between training courses, while wage effects reported in studies based on instrumental variables and panel estimators are substantially lower than estimates based on techniques that do not correct for selectivity issues. Appropriate methodology and the quality of the data turn out to be crucial to determine the wage returns. on-the-job training, meta-analysis, publication bias.
Download or read book Individual Returns to Training in a Russian Firm written by Andrey Aistov and published by . This book was released on 2015 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is devoted to estimating the individual return to worker's professional training. This empirical research is based on unique monthly data, comprised of the personnel records of workers in a Russian metallurgical enterprise between 2006-2010. Using the original time distributed difference-in-differences technique we control for the effect of workers' mobility and the "non-parallel'' dynamics of earnings in estimates. A qualitative comparison of mobility in trained and control groups is also made by Kaplan-Meier survival curves. The main factors that distinguish this paper from others are the following. (I) We focused on the internal labour market, concluding that it has common peculiarities of wage setting concerned with training as an open labour market. (II) We show that mobility-friendly training programs give high returns, and not only in transition economies. (III) We suggest controlling for mobility by choosing a corresponding control group. (IV) We use a robust new specification that is reactive to different dynamics of the dependent variable in treated and control groups in difference-in-differences estimates. (V) We compared three different kinds of training and our conclusions could have practical application (at least in Russian context). The best way to raise personal earnings is on-the-job training. The internal mobility caused by retraining courses was the same impact on workers as if they lacked retraining. The wages of workers trained in the same field grow randomly for a few months before and after training. Nevertheless it is difficult to prove the causal effect of this kind of training on wage growth.
Download or read book International Encyclopedia of Education written by and published by Elsevier. This book was released on 2009-04-17 with total page 6964 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of education has experienced extraordinary technological, societal, and institutional change in recent years, making it one of the most fascinating yet complex fields of study in social science. Unequalled in its combination of authoritative scholarship and comprehensive coverage, International Encyclopedia of Education, Third Edition succeeds two highly successful previous editions (1985, 1994) in aiming to encapsulate research in this vibrant field for the twenty-first century reader. Under development for five years, this work encompasses over 1,000 articles across 24 individual areas of coverage, and is expected to become the dominant resource in the field. Education is a multidisciplinary and international field drawing on a wide range of social sciences and humanities disciplines, and this new edition comprehensively matches this diversity. The diverse background and multidisciplinary subject coverage of the Editorial Board ensure a balanced and objective academic framework, with 1,500 contributors representing over 100 countries, capturing a complete portrait of this evolving field. A totally new work, revamped with a wholly new editorial board, structure and brand-new list of meta-sections and articles Developed by an international panel of editors and authors drawn from senior academia Web-enhanced with supplementary multimedia audio and video files, hotlinked to relevant references and sources for further study Incorporates ca. 1,350 articles, with timely coverage of such topics as technology and learning, demography and social change, globalization, and adult learning, to name a few Offers two content delivery options - print and online - the latter of which provides anytime, anywhere access for multiple users and superior search functionality via ScienceDirect, as well as multimedia content, including audio and video files
Download or read book The Labour Market Impact of Adult Education and Training written by L. Feinstein and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Studies on Continuing Vocational Training in Germany written by Anja Kuckulenz and published by Springer Science & Business Media. This book was released on 2007-06-28 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive empirical analysis of continuing vocational training in Germany. Specific issues concerning continuing training that are debated in academia as well as in public are discussed. Wage and productivity effects of training are analyzed, explicitly accounting for the heterogeneity of training participants. In addition, evidence is given on whether positive externalities of continuing training exist.
Download or read book Return on Investment in Training and Performance Improvement written by Patricia Pulliam Phillips and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The third edition of this bestselling book guides you through a proven, results-based approach to calculating the return on investment in training and performance improvement programs. The ROI Methodology described in the book has evolved into the most used evaluation system in the world. Patti P. Phillips, Jack J. Phillips, and Klaas Toes present the ROI Methodology, a user-friendly approach to showing and proving the value of programs, projects, and initiatives. Based on over 40 years of development and refinement, it is a process that meets the demands currently facing training and performance improvement functions. This third edition expands upon and updates the second edition with chapters thoroughly detailing the application of the ROI Methodology and new and innovative developments. The book provides relevant examples, case studies and worksheets, and solutions to implementation issues. A case study spans the book and takes the reader through each part of the ROI Methodology. Readers can work through the case, step-by-step, exploring the issues uncovered in the chapter and learn how to apply the process in their own organizations. This book continues to be a primary reference for learning how to utilize ROI to show the contribution of training, education, learning systems, performance improvement, and change initiatives throughout organizations. Proven to work as a guide for practitioners, managers, and leaders, the book is also ideal for students of learning and development at graduate and postgraduate levels and individuals involved in executive and professional development programs. A complimentary 500-page book with 25 detailed case studies is available to book purchasers"--
Download or read book Labor Market Participation Returns to Education and Male female Wage Differences in Peru written by Shahidur R. Khandker and published by . This book was released on 1990 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private schools are more effective than public schools in increasing productivity - and returns on female education are at least as high as returns on male education, so government must find ways to improve the public schools and increase girls' schooling.
Download or read book Adult Learning and Education written by Kjell Rubenson and published by Academic Press. This book was released on 2011-01-07 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: As individuals and societies try to respond to fundamental economic and social transformation, the field of adult learning and education is rapidly getting increased attention and new topics for research on adult learning have emerged. This collection of articles from the International Encyclopedia of Education 3e offers practitioners and researchers in the area of adult learning and education a comprehensive summary of main developments in the field. The 45 articles provide insight into the historical development of the field, its conceptual controversies, domains and provision, perspectives on adult learning, instruction and program planning, outcomes, relationship to economy and society and its status as a field of scholarly study and practice. Saves researchers time in summarizing in one place what is otherwise an interdisciplinary field in cognitive psychology, personality, sociology, and education Level of presentation focuses on critical research, leaving out the extraneous and focusing on need-to-know information Contains contributions from top international researchers in the field Makes MRW content affordable to individual researchers
