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The Labour Market Impact of Adult Education and Training: A Cohort Analysis

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Author Info
Anna Vignoles
Fernando Galindo-Rueda
Leon Feinstein

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Abstract

Education boosts individuals' productivity and wages. Yet many individuals leave school with minimal skills and qualifications. One way for these workers to catch up might be lifelong learning. We find that a particular form of lifelong learning, work related "training", does have a positive impact on earnings. However, firms tend only to train those workers who will gain from training. Training does benefit those chosen to receive it but if all workers received training, the average impact on wages would be low. Hence, this form of lifelong learning is not necessarily an effective way of raising wages. Copyright (c) Scottish Economic Society 2004.

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Publisher Info
Article provided by Scottish Economic Society in its journal Scottish Journal of Political Economy.

Volume (Year): 51 (2004)
Issue (Month): 2 (05)
Pages: 266-280
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Handle: RePEc:bla:scotjp:v:51:y:2004:i:2:p:266-280

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  1. Uschi Backes-Gellner & Johannes Mure & Simone Tuor, 2006. "The Puzzle of Non-Participation in Continuing Training – An Empirical Study of Permanent vs. Occasional Non-Participation," Working Papers 0058, University of Zurich, Institute for Strategy and Business Economics (ISU). [Downloadable!]
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  2. Renuka Metcalfe & Peter J. Sloane, 2007. "Human Capital Spillovers and Economic Performance in the Workplace in 2004: Some British Evidence," IZA Discussion Papers 2774, Institute for the Study of Labor (IZA). [Downloadable!]
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