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Enrolment in labour market training programmes
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
1996 (English)In: Labour, ISSN 1121-7081, E-ISSN 1467-9914, Vol. 10, no 1, 193-208 p.Article in journal (Refereed) Published
Abstract [en]

The specification of a model for selection to labour market training is studied. Based on present value maximization, it is demonstrated that frequently adopted specifications of wage equations yield selection models containing a difference between alternative wage rates paid in the training period. In addition, the training effect on future wage rates can be sign determined. Using this, we test the hypothesis of present value maximization. A test that is robust against omitted variables and heteroskedasticity is used. Based on a sample of unemployed Swedish workers, we find positive training effects for most sub-groups.

Place, publisher, year, edition, pages
1996. Vol. 10, no 1, 193-208 p.
National Category
Economics
Research subject
Econometrics
Identifiers
URN: urn:nbn:se:umu:diva-64772DOI: 10.1111/j.1467-9914.1996.tb00082.xOAI: oai:DiVA.org:umu-64772DiVA: diva2:602685
Note

Source: Scopus

Available from: 2013-02-02 Created: 2013-02-02 Last updated: 2017-12-06Bibliographically approved

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