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Money Matters: Evidence from a Large-Scale Randomized Field Experiment with Vouchers for Adult Training

  • Messer, Dolores

    ()

    (University of Bern)

  • Wolter, Stefan C.

    ()

    (University of Bern)

This paper presents the results of a randomized experiment analyzing the use of vouchers for adult training. In 2006, 2,400 people were issued with a training voucher which they were entitled to use in payment for a training course of their choice. User behavior was compared with a control group of 14,000 people. People in the treatment and in the control group were not aware at any time that they were part of an experiment. The experiment shows that the voucher had a significant causal impact on participation in training modules. Nevertheless, the increase was partially offset by a deadweight loss in excess of fifty percent.

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File URL: http://ftp.iza.org/dp4017.pdf
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 4017.

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Length: 35 pages
Date of creation: Feb 2009
Date of revision:
Handle: RePEc:iza:izadps:dp4017
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  8. Ernst Fehr & Lorenz Goette, 2007. "Do Workers Work More if Wages Are High? Evidence from a Randomized Field Experiment," American Economic Review, American Economic Association, vol. 97(1), pages 298-317, March.
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  19. Jörn-Steffen Pischke, 2004. "The Impact of the School Year on Student Performance and Earnings: Evidence from the German short school years," CEE Discussion Papers 0034, Centre for the Economics of Education, LSE.
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