Retaining through Training: Even for Older Workers
(2011) , 26 pages
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- Authors
- Abstract
- This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual heterogeneity. We also take into account that there might be feedback from shocks in the employment status to future propensity of receiving firm-provided training. We find that firm-provided training significantly increases future employment prospects. This finding is robust to a number of robustness checks. It also holds for older workers, suggesting that firm-provided training may be an important instrument to retain older workers at work.
- Affiliations
Tilburg University and IZA Department of Economics CentER, ReflecT Tilburg University, University of Melbourne, CESifo, CEPR, and IZA Department of Economics CentER, ReflecT
Citations
Picchio, M., & van Oours, J. C. (2011). Retaining through Training: Even for Older Workers (IRES Discussion papers 2011017). https://hdl.handle.net/2078.5/35127