Persistence in the determination of work-related training participation: Evidence from the BHPS, 1991-1997
AbstractIn this paper we investigate the role of workers' training history in determining current training-incidence. The analysis is conducted on an unbalanced sample comprising information on approximately 5000 employees from the first seven waves of the BHPS. Training participation is modelled as a dynamic random effects probit model where the effects of unobserved heterogeneity and initial conditions are accounted for in a fashion consistent with methods proposed by Chamberlain (1984) and Wooldridge (2005), respectively. The results suggest that prior training experience is a significant determinant of a worker's participation in a current training episode comparable with other formal educational qualifications.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics of Education Review.
Volume (Year): 29 (2010)
Issue (Month): 6 (December)
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Web page: http://www.elsevier.com/locate/econedurev
Training State dependence Dynamic probit;
Other versions of this item:
- Panos Sousounis & Robin Bladen-Hovell, 2009. "Persistence in the determination of work-related training participation: evidence from the BHPS, 1991-1997," Working Papers 0918, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
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