Panos Sousounis () (Department of Economics, University of the West of England) Robin Bladen-Hovell (Keele University)
Abstract
In 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 (2002) 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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Publisher Info
Paper provided by University of the West of England, Department of Economics in its series Discussion Papers with number
0918.
Find related papers by JEL classification: 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
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