This study compares the wage equation in Korea to those in other countries, focusing on the wage returns to adult education and training (AET) participation. It is found that the wage compensation structure in Korea is associated mainly with job characteristics such as tenure and workplace size...

Can participation in job-related training foster adults' general skills such as numeracy? Although job-related training is typically designed to foster job- and firm-specific skills, cross-sectional evidence suggests that it may also foster general skills. However, a positive cross-sectional...

This article explores the role of the European Union in defining an adult education policy and the way European countries appropriate those guidelines and implement them in their realities. These policies have been widening and diversifying adult education, creating the necessity of qualifying...

While there is a broad literature on the general wage effect of training, little is known about the effects of different training forms and about the effects for heterogeneous training participants. This study therefore adds two aspects to the literature on earnings effects of training. First,...

Lifelong learning represents a key response to the demographic challenge in Germany. In terms of professional success, not only hard skills but also soft skills hold importance. Indeed, the OECD competence tests PISA and PIAAC have come to the fore, although acquired skills are still relevant....

This paper surveys the emerging economics literature on the relationship between employee training and firm performance. Most studies find very high returns to training, at least from the perspective of firms, indicating that the costs of training can be recouped in short periods of time. These...

The notion of lifelong learning is gaining importance, not only in the labor market but also in other areas of modern societies. Previous research finds variation in occupation-related training participation by worker and workplace characteristics, gender, and education. However, evidence on the...