Jacobson, Louis S. (contributor); … - 2003 - [Elektronische Ressource]
"This paper estimates the returns to retraining for older displaced workers--those 35 or older--by estimating the … participate in retraining, the per-period impact for older and younger displaced workers is similar. We estimate that one academic … not necessarily imply that retraining older workers is a sound social investment. We find that the social internal rates …