Arbeitspapier

The aims of lifelong learning: Age-related effects of training on wages and job security

This study analyses the effects of training participation on wages and perceived job security for employees of different ages. Based on data from the German Socio-Economic Panel, results indicate that only younger workers benefit from training by an increase in wages, whereas older employees' worries about losing their job are reduced. This observation can also be explained by the fact that goals of training courses are related to the age of participants. Moreover, I differentiate between workers who permanently and only occasionally participate in training. The results indicate that there seem to be decreasing marginal returns to training with respect to job security.

Language: Englisch

Bibliographic citation: Series: SOEPpapers on Multidisciplinary Panel Data Research ; No. 478

Classification: Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Safety; Job Satisfaction; Related Public Policy
Wage Level and Structure; Wage Differentials
Personnel Economics: Training

Subject: training
wages
job security

Event: Geistige Schöpfung

(who): Lang, Julia

Event: Veröffentlichung

(who): Deutsches Institut für Wirtschaftsforschung (DIW)

(where): Berlin

(when): 2012

Handle: http://hdl.handle.net/10419/62337

Last update: 10.03.2025, 11:44 AM CET

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Object type

Arbeitspapier

Associated

Lang, Julia
Deutsches Institut für Wirtschaftsforschung (DIW)

Time of origin

2012

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