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The Impact of Work-Related Training on Employee Earnings: Evidence from Great Britain

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  • Panos Sousounis

    ()
    (Department of Economics, University of the West of England)

Abstract

Using data from the British Household Panel Survey for the years 1998-2005, this study estimates the impact of work-related training on earnings levels. Different measures for general and specific training are constructed from available information. The analysis diverges from the standard fixed effects framework for earnings determination modelling and presents evidence in support of the predictions of the standard human capital theory with regards to training sponsoring using a random effects formulation for the earnings equation suggested by Nijman and Verbeek (1992) for controlling for attrition bias in unbalanced panels.

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File URL: http://carecon.org.uk/DPs/0919.pdf
File Function: First version, 2009
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Bibliographic Info

Paper provided by Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol in its series Working Papers with number 0919.

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Length: 26 pages
Date of creation: Oct 2009
Date of revision:
Handle: RePEc:uwe:wpaper:0919

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Postal: Frenchay Campus, Coldharbour Lane, Bristol BS16 1QY
Phone: 0117 328 3610
Web page: http://www1.uwe.ac.uk/bl/research/bristoleconomics.aspx
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Keywords: work-related training; human capital; earnings;

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  1. Filipe Almeida-Santos & Karen Mumford, . "Employee Training and Wage Compression in Britain," Discussion Papers 04/11, Department of Economics, University of York.
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