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Who gains when workers train? Training and corporate productivity in a panel of British industries

Dearden, Lorraine; Reed, Howard; Van Reenen, John - 2000

productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …. We analyse a panel of British industries between 1983 and 1996. Training information (and other individual productivity … use a variety of panel data techniques (including system GMM) to argue that training significantly boosts productivity …

Persistent link: https://www.econbiz.de/10010330311

Wage and Productivity Effect of Continuing Training in Germany : A Sectoral Analysis

Kuckulenz, Anja - 2008

Wage and productivity effects of training are compared to study how the training rent is shared between employers and … employees. With panel data from 1996-2002, I analyse the impact of continuing training on wages and productivity in a Cobb … on both wages and productivity. The effect on productivity is about three times higher than the one on wages. High …

Persistent link: https://www.econbiz.de/10012727101

Can education compensate low ability? Evidence from british data

Denny, Kevin; O'Sullivan, Vincent - 2004

This paper uses cross section data to investigate whether the returns to education vary with the level of ability. Using a measure of cognitive ability based on tests taken at ages 7 and 11 we find, unlike most of the existing literature, clear evidence that the return to schooling is lower for...

Persistent link: https://www.econbiz.de/10010292976

Educational reform, ability and family background

Meghir, Costas; Palme, Mårten - 2004

In this paper we evaluate the impact of a major school reform, that took place in the 1950s in Sweden, on educational attainment and earnings. The reform, which has many common elements with reforms in other European countries including the UK, consisted of increasing compulsor schooling,...

Persistent link: https://www.econbiz.de/10010293084

The Impact of Education and Training on the Labour Market Experiences of Young Adults

Denny, Kevin; Harmon, Colm - 2000

This paper uses pooled cross-section data on recent school leavers in Ireland to model the determinants of labour market status and wages for young adults. Firstly we use a multinomial logit model to analyze whether individuals exit school to employment, unemployment or higher education. Family...

Persistent link: https://www.econbiz.de/10010330363

The economic returns to schooling for Italians: An evaluation based on instrumental variables

Brunello, Giorgio; Miniaci, Raffaele - 1998

We study the relationship between (log) current earnings and educational levels in Italy. In line with other international evidence, we find that OLS under-estimate the marginal return to additional education. When the endogeneity of educational choice is taken into account, the marginal return...

Persistent link: https://www.econbiz.de/10011608375

The returns to education in Italy: A new look at the evidence

Brunello, Giorgio; Comi, Simona; Lucifora, Claudio - 1999

The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European average, educational attainment is generally much lower...

Persistent link: https://www.econbiz.de/10011608564

The college wage gap in 10 European countries: Evidence from two cohorts

Brunello, Giorgio; Comi, Simona; Lucifora, Claudio - 2000

in relative supply and positively correlated both with the long run rate of productivity growth and with an index of …

Persistent link: https://www.econbiz.de/10011608648

Absolute risk aversion and the returns to education

Brunello, Giorgio - 2001

Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household income, is used as an instrument for attained education...

Persistent link: https://www.econbiz.de/10011608791

Fiscal and Individual Rates of Return to University Education with and without Graduation

Pfeiffer, Friedhelm - 2020

Based on a detailed model of the German tax-benefit system, this paper simulates private and fiscal returns to education for college graduates and college dropouts. Completing a five-year college degree is found to be associated with an internal rate of return (IRR) of 14.2% for gross earnings,...

Persistent link: https://www.econbiz.de/10012837556