Worker Mobility, Employer-Provided Tuition Assistance, and the Choice of Graduate Management Program
AbstractThis paper links a worker's propensity to change jobs to her schooling choices. A model of the choice of graduate management program type based on job search theory predicts that more mobile workers are more likely to enroll in a full-time Master of Business Administration program. The study also adds to the literature on employer-sponsored general training; the model predicts that employers are more likely to provide tuition assistance to workers who find quits costly. I use a four-wave panel survey of GMAT registrants to show that these predictions hold true empirically. Observable characteristics that are correlated with stronger job attachment are also positively correlated with the probability of attending a part-time program and, conditional on part-time attendance, with the likelihood of receiving employer-provided tuition reimbursement.
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Bibliographic InfoPaper provided by University of North Carolina at Greensboro, Department of Economics in its series Working Papers with number 10-4.
Length: 55 pages
Date of creation: 26 Aug 2010
Date of revision:
job mobility; employer-provided general training; MBA education;
Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
- M53 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Training
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-09-03 (All new papers)
- NEP-EDU-2010-09-03 (Education)
- NEP-HRM-2010-09-03 (Human Capital & Human Resource Management)
- NEP-LAB-2010-09-03 (Labour Economics)
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