Rentabilidad salarial de la formación laboral: un análisis con datos de panel /Wage Returns to Training Investments: A Panel Data Analysis
El presente trabajo utiliza datos procedentes del Panel de Hogares de la Unión Europea (INE, 1994-2001) para estimar el efecto de la formación recibida durante el empleo en el crecimiento salarial de hombres y mujeres en el mercado de trabajo español. Dado que estas inversiones educativas pueden estar relacionadas con determinantes no observados del crecimiento salarial, se emplea el método de estimación de variables instrumentales para datos de panel propuesto por Hausman y Taylor (1981). Las medidas de formación usadas en las estimaciones diferencian tales actividades según quién las financie (empresa o empleado), incluyéndose además medidas de duración e intensidad, a fin de estimar su rendimiento con mayor precisión. Los resultados muestran que, efectivamente, realizar este tipo de inversiones proporciona a los trabajadores un mayor incremento salarial, si bien esto depende de cómo se realicen y su duración. This paper uses data drawn from the European Community Household Panel (INE, 1994-2001) to estimate the effect of labour market training on wage growth for both female and male wage earners in Spain. As these educational investments might be correlated to other unobserved determinants of wage growth, we use the instrumental variable estimator for panel data proposed by Hausman and Taylor (1981). To more precisely measure the effect of training we differentiate among employer-financed and self-employed training as well as indicators, and later include variables for training length and intensity. Our results show that, indeed, training investments provide workers with higher wage increases. This, however, depends on how training is undertaken and how long it takes.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 28 (2010)
Issue (Month): (Agosto)
|Contact details of provider:|| Postal: Beatriz Rodríguez Prado. Facultad de CC.EE. y EE. Avda. Valle del Esgueva. Valladolid 47011 SPAIN|
Phone: (34) 983 423320
Fax: (34) 983 184568
Web page: http://www.revista-eea.net
More information through EDIRC
|Order Information:|| Web: http://www.revista-eea.net Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alison L. Booth & Marco Francesconi & Gylfi Zoega, 2003.
"Unions, Work-Related Training, and Wages: Evidence for British Men,"
Cornell University, ILR School, vol. 57(1), pages 68-91, October.
- Booth, Alison L. & Francesconi, Marco & Zoega, Gylfi, 2003. "Unions, Work-Related Training, and Wages: Evidence for British Men," IZA Discussion Papers 737, Institute for the Study of Labor (IZA).
- Wiji Arulampalam & Alison Booth & Mark Bryan, 2010. "Are there asymmetries in the effects of training on the conditional male wage distribution?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 23(1), pages 251-272, January.
- Mark Bryan & Wiji Arulampalam & Alison Booth, 2004. "Are There Asymmetries In The Effects Of Training On The Conditional Male Wage Distribution?," Royal Economic Society Annual Conference 2004 115, Royal Economic Society.
- Wiji Arulampalam & Alison Booth & Mark L. Bryan, 2006. "Are there Asymmetries in the Effects of Training on the Conditional Male Wage Distribution?," CEPR Discussion Papers 523, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- Arulampalam, Wiji & Booth, Alison L. & Bryan, Mark L., 2004. "Are There Asymmetries in the Effects of Training on the Conditional Male Wage Distribution?," IZA Discussion Papers 984, Institute for the Study of Labor (IZA).
- Arulampalam, Wiji & Booth, Alison L & Bryan, Mark L, 2004. "Are There Asymmetries in the Effects of Training on the Conditional Male Wage Distribution?," CEPR Discussion Papers 4289, C.E.P.R. Discussion Papers.
- Arulampalam, Wiji & Booth, Alison L. & Bryan, Mark L., 2004. "Are there asymmetries in the effects of training on the conditional male wage distribution," ISER Working Paper Series 2004-01, Institute for Social and Economic Research.
- Hausman, Jerry A & Taylor, William E, 1981. "Panel Data and Unobservable Individual Effects," Econometrica, Econometric Society, vol. 49(6), pages 1377-1398, November.
- Hausman, Jerry A. & Taylor, William E., 1981. "Panel data and unobservable individual effects," Journal of Econometrics, Elsevier, vol. 16(1), pages 155-155, May.
- J. A. Hausman & W. E. Taylor, 1980. "Panel Data and Unobservable Individual Effects," Working papers 255, Massachusetts Institute of Technology (MIT), Department of Economics.
- Black, Matthew, 1980. "Pecuniary Implications of On-the-Job Search and Quit Activity," The Review of Economics and Statistics, MIT Press, vol. 62(2), pages 222-229, May.
- Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
- Heckman, James J, 1979. "Sample Selection Bias as a Specification Error," Econometrica, Econometric Society, vol. 47(1), pages 153-161, January.
- Lynch, Lisa M, 1992. "Private-Sector Training and the Earnings of Young Workers," American Economic Review, American Economic Association, vol. 82(1), pages 299-312, March.
- David Campbell, 2001. "Estimating the Wage Effects of Job Mobility in Britain," Studies in Economics 0117, School of Economics, University of Kent.
- Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 38(2), pages 112-134.
- Hausman, Jerry A, 1978. "Specification Tests in Econometrics," Econometrica, Econometric Society, vol. 46(6), pages 1251-1271, November.
- J. A. Hausman, 1976. "Specification Tests in Econometrics," Working papers 185, Massachusetts Institute of Technology (MIT), Department of Economics.
- Sara Rica & Juan Dolado & Vanesa Llorens, 2008. "Ceilings or floors? Gender wage gaps by education in Spain," Journal of Population Economics, Springer;European Society for Population Economics, vol. 21(3), pages 751-776, July.
- Sara Rica & Juan Dolado & Vanesa Llorens, 2008. "Ceilings or floors? Gender wage gaps by education in Spain," Journal of Population Economics, Springer;European Society for Population Economics, vol. 21(3), pages 777-778, July.
- Blau, Francine D & Kahn, Lawrence M, 1996. "International Differences in Male Wage Inequality: Institutions versus Market Forces," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 791-836, August.
- Francine D. Blau & Lawrence M. Kahn, 1994. "International Differences in Male Wage Inequality: Institutions versus Market Forces," NBER Working Papers 4678, National Bureau of Economic Research, Inc.
- Cecilia Albert & Carlos García-Serrano & Virginia Hernanz, 2004. "Firm-provided training and temporary contracts," Spanish Economic Review, Springer;Spanish Economic Association, vol. 7(1), pages 67-88, January.
- Keith, Kristen & McWilliams, Abagail, 1997. "Job Mobility and Gender-Based Wage Growth Differentials," Economic Inquiry, Western Economic Association International, vol. 35(2), pages 320-333, April.
- Harley Frazis & Mark A. Loewenstein, 2005. "Reexamining the Returns to Training: Functional Form, Magnitude, and Interpretation," Journal of Human Resources, University of Wisconsin Press, vol. 40(2).
- Bassanini, Andrea & Booth, Alison L. & Brunello, Giorgio & De Paola, Maria & Leuven, Edwin, 2005. "Workplace Training in Europe," IZA Discussion Papers 1640, Institute for the Study of Labor (IZA).
When requesting a correction, please mention this item's handle: RePEc:lrk:eeaart:28_2_15. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Beatriz Rodríguez Prado)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.