Training, Wages and Employment Security: An Empirical Analysis on European Data
AbstractWe use data from the European Community Household Panel (ECHP) to assess the effects of employee training on the individual labour market performance of different labour market groups in EU countries. We find significant training rage premia only in the case of young or highly educated employees. By contrast training appears to have a strong impact on employment security in the case of both older and low-educated workers. To reconcile this apparent contradiction, we need to take into account that, as standard in the literature, wage premia are estimated on a troncated sample including only employed workers. Due to downward wage rigidity, those workers who are unable to maintain their prociuctivity are more frequently laid—off rather than experiencing a wage fall and be retained in employment and thereby excluded from our sample.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne in its series Documents de recherche with number 05-04.
Length: 18 pages
Date of creation: 2005
Date of revision:
training wage premia; job security; wage compression; ECHP;
Other versions of this item:
- Andrea Bassanini, 2006. "Training, wages and employment security: an empirical analysis on European data," Applied Economics Letters, Taylor and Francis Journals, vol. 13(8), pages 523-527.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alison L. Booth & Mark L. Bryan, 2005. "Testing Some Predictions of Human Capital Theory: New Training Evidence from Britain," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 391-394, May.
- Agell, Jonas & Lommerud, Kjell Erik, 1997. "Minimum wages and the incentives for skill formation," Journal of Public Economics, Elsevier, vol. 64(1), pages 25-40, April.
- Andrew E. Clark & Fabien Postel-Vinay, 2004.
"Job security and job protection,"
DELTA Working Papers
2004-16, DELTA (Ecole normale supérieure).
- Clark, Andrew E. & Postel-Vinay, Fabien, 2005. "Job Security and Job Protection," IZA Discussion Papers 1489, Institute for the Study of Labor (IZA).
- Clark, Andrew E & Postel-Vinay, Fabien, 2005. "Job Security and Job Protection," CEPR Discussion Papers 4927, C.E.P.R. Discussion Papers.
- Andrew Clark & Fabien Postel-Vinay, 2005. "Job Security and Job Protection," CEP Discussion Papers dp0678, Centre for Economic Performance, LSE.
- Parent, D., 1995.
"Wages and Mobility: the Impact of Employer-Provided Training,"
Cahiers de recherche
9507, Universite de Montreal, Departement de sciences economiques.
- Parent, Daniel, 1999. "Wages and Mobility: The Impact of Employer-Provided Training," Journal of Labor Economics, University of Chicago Press, vol. 17(2), pages 298-317, April.
- Daniel Parent, 1995. "Wages and Mobility: The Impact of Employer-Provided Training," CIRANO Working Papers 95s-27, CIRANO.
- Michael Gerfin, 2003. "Firm-sponsored Work-Related Training in Frictional Labour Markets: An empirical analysis for Switzerland," Diskussionsschriften dp0317, Universitaet Bern, Departement Volkswirtschaft.
- Martin, John P. & Grubb, David, 2001. "What works and for whom: a review of OECD countries' experiences with active labour market policies," Working Paper Series 2001:14, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Denis FOUGÈRE & Dominique GOUX & Éric MAURIN, 2001.
"Formation continue et carrières salariales. Une évaluation sur données individuelles,"
Annales d'Economie et de Statistique,
ENSAE, issue 62, pages 49-69.
- Denis Fougère & Dominique Goux & Eric Maurin, 1998. "Formation continue et carrières salariales. Une évaluation sur données individuelles," Working Papers 98-43, Centre de Recherche en Economie et Statistique.
- Paul Sicilian & Adam Grossberg, 2001. "Investment in human capital and gender wage differences: evidence from the NLSY," Applied Economics, Taylor and Francis Journals, vol. 33(4), pages 463-471.
- Dostie, Benoit & Léger, Pierre Thomas, 2011.
"Firm-Sponsored Classroom Training: Is It Worth It for Older Workers?,"
IZA Discussion Papers
6123, Institute for the Study of Labor (IZA).
- Benoit Dostie & Pierre Thomas Léger, 2011. "Firm-Sponsored Classroom Training: Is It Worth It For Older Workers?," Cahiers de recherche 11-06, HEC Montréal, Institut d'économie appliquée.
- Benoit Dostie & Pierre Thomas Léger, 2011. "Firm-Sponsored Classroom Training: Is It Worth It For Older Workers?," CIRANO Working Papers 2011s-69, CIRANO.
- Benoit Dostie & Pierre Thomas Léger, 2011. "Firm-Sponsored Classroom Training: is it Worth it for Older Workers ?," Cahiers de recherche 1136, CIRPEE.
- repec:ner:dauphi:urn:hdl:123456789/7243 is not listed on IDEAS
- Roger, Muriel & Caroli, Eve & Behaghel, Luc, 2013. "Age Biased Technical and Organisational Change, Training and Employment Prospects of Older Workers," Economics Papers from University Paris Dauphine 123456789/7243, Paris Dauphine University.
- Lang, Julia, 2012. "The aims of lifelong learning: Age-related effects of training on wages and job security," Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62073, Verein für Socialpolitik / German Economic Association.
- Behaghel, Luc & Caroli, Eve & Roger, Muriel, 2011.
"Age Biased Technical and Organisational Change, Training and Employment Prospects of Older Workers,"
IZA Discussion Papers
5544, Institute for the Study of Labor (IZA).
- Behaghel, L. & Caroli, E. & Roger, M., 2013. "Age Biased Technical and Organisational Change, Training and Employment Prospects of Older Workers," Working papers 431, Banque de France.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Samuel Nosel).
If references are entirely missing, you can add them using this form.