The Returns to Continuous Training in Germany: New Evidence from Propensity Score Matching Estimators


Mühler, Grit ; Beckmann, Michael ; Schauenberg, Bernd


[img]
Vorschau
PDF
dp07048.pdf - Veröffentlichte Version

Download (401kB)

URL: https://ub-madoc.bib.uni-mannheim.de/1583
URN: urn:nbn:de:bsz:180-madoc-15839
Dokumenttyp: Arbeitspapier
Erscheinungsjahr: 2007
Sprache der Veröffentlichung: Englisch
Einrichtung: Sonstige Einrichtungen > Zentrum für Europ. Wirtschaftsforschung (ZEW)
MADOC-Schriftenreihe: Veröffentlichungen des ZEW (Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Fachgebiet: 330 Wirtschaft
Fachklassifikation: JEL: J31 J24 C21 M53 ,
Normierte Schlagwörter (SWD): Weiterbildung , Bildungsertrag , Arbeitsmarktpolitik , Schätztheorie , Deutschland
Freie Schlagwörter (Englisch): Continuous training , wage effect , average treatment effect , selectivity bias , propensity score matching estimators
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.
Zusätzliche Informationen:

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Zitationsbeispiel und Export

Mühler, Grit und Beckmann, Michael und Schauenberg, Bernd (2007) The Returns to Continuous Training in Germany: New Evidence from Propensity Score Matching Estimators. [Arbeitspapier]
[img]
Vorschau



+ Suche Autoren in

+ Download-Statistik

Downloads im letzten Jahr

Detailierte Angaben



Sie haben einen Fehler gefunden? Teilen Sie uns Ihren Korrekturwunsch bitte hier mit: E-Mail


Actions (login required)

Eintrag anzeigen Eintrag anzeigen