Arbeitspapier
Firm-sponsored classroom training: Is it worth it for older workers?
We use longitudinal linked employer-employee data and find that the probability of participating in firm-sponsored classroom training diminishes rapidly for workers aged 45 years and older. Although the standard human capital investment model predicts such a decline, we also consider the possibility that returns to training decline with age. Taking into account endogenous training decisions, we find that the training wage premium diminishes only slightly with age. However, estimates of the impact of training on productivity decrease dramatically with age, suggesting that incentives for firms to invest in classroom training are much lower for older workers.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 6123
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Wage Level and Structure; Wage Differentials
- Thema
-
wages
productivity
linked employer-employee data
aging
firm-sponsored classroom training
Betriebliches Bildungsmanagement
Ältere Arbeitskräfte
Bildungsertrag
Arbeitsproduktivität
Schätzung
Kanada
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dostie, Benoit
Léger, Pierre Thomas
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2011
- Handle
- URN
-
urn:nbn:de:101:1-201111303553
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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Objekttyp
- Arbeitspapier
Beteiligte
- Dostie, Benoit
- Léger, Pierre Thomas
- Institute for the Study of Labor (IZA)
Entstanden
- 2011
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