Training Participation of an Aging Workforce in an Internal Labor Market

We use a long panel data set for four entry cohorts into an internal labor market toanalyze the effect of age on the probability to participate in different training measures.We find that training participation probabilities are inverted u-shaped with age and thatlonger training measures are undertaken earlier in life and working career, respectively.These findings are consistent with predictions from a human capital model whichincorporates amortization period and screening effects.[...]

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Year of publication:	2010-05-01
Authors:	Pfeifer, Christian ; Janssen, Simon ; Yang, Philip ; Backes-Gellner, Uschi
Institutions:	Universität <Hannover> / Wirtschaftswissenschaftliche Fakultät
Subject:	Humankapital \| Screening \| Betriebsinterner Arbeitsmarkt \| Alter

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1. Introduction
2. Human Capital Theory and Previous Research
3. A Model for Timing of Training Participation
4. Data Set and Descriptive Statistics
5. Regression Analyses
6. Conclusion
References

Persistent link: https://www.econbiz.de/10005870739