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The Effects of Job Training Programs on Employability among College Graduates (in Korean)

Author

Listed:
  • Chung Choe

    (Economics, Hanyang University (ERICA))

  • Namju Kim

    (Economic Research Institute, The Bank of Korea)

  • Koangsung Choi

    (Department of Applied Economics, Hanyang University)

Abstract

This paper examines the effects of various training programs on employment rate of college graduates. Training programs for youth in Korea are conducted by several types of providers, and are thus likely to generate heterogeneous effects. Using the Graduate Occupational Mobility Survey (2009-2013), we estimate the effects of job training on employability by applying a Generalized Propensity Score Matching method. The results confirm heterogeneous treatment effects among training types – while no effects are found with respect to training by private providers, there exist statistically significant effects of training by both public and college providers.

Suggested Citation

  • Chung Choe & Namju Kim & Koangsung Choi, 2018. "The Effects of Job Training Programs on Employability among College Graduates (in Korean)," Economic Analysis (Quarterly), Economic Research Institute, Bank of Korea, vol. 24(2), pages 1-27, June.
  • Handle: RePEc:bok:journl:v:24:y:2018:i:2:p:1-27
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    Keywords

    Job training; Youth employment rate; Generalized Propensity Score Matching method (GPS); Multiple treatment effects;
    All these keywords.

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • C34 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Truncated and Censored Models; Switching Regression Models
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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