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The returns to voucher-financed training on wages, employment and job tasks

Author

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  • Görlitz, Katja
  • Tamm, Marcus

Abstract

This paper analyzes the returns to training that was co-financed by a German training voucher program. The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random event like course cancellation by the provider of training. While there is no impact of voucher training on wages and employment, there is evidence that after training participation individuals are more often engaged in nonroutine analytic tasks.

Suggested Citation

  • Görlitz, Katja & Tamm, Marcus, 2016. "The returns to voucher-financed training on wages, employment and job tasks," Economics of Education Review, Elsevier, vol. 52(C), pages 51-62.
    • Handle: RePEc:eee:ecoedu:v:52:y:2016:i:c:p:51-62
    DOI: 10.1016/j.econedurev.2016.01.004
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    Keywords

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    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

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