"The double-dividend of training" - Labour market effects of work-related continuous education in Switzerland

Stefan Denzler, Jens Ruhose () and Stefan Wolter

No 196, Economics of Education Working Paper Series from University of Zurich, Department of Business Administration (IBW)

Abstract: This paper presents the first longitudinal estimates of the effect of work-related training on labour market outcomes in Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labour market outcomes, we apply a regression-adjusted matched difference-in-differences approach with entropy balancing to account for selection bias and sorting on gains. We find that training participation increases yearly earnings and reduces the risk of unemployment already two years after the treatment. However, the effects are heterogeneous as to gender, age, education, and regional labour market context. Gains are highest for middle aged men with formal vocational education working in either depressed or booming labour markets.

Keywords: Continuous education; wages; unemployment; entropy balancing; Switzerland (search for similar items in EconPapers)
JEL-codes: I21 I26 J24 M53 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2022-09
New Economics Papers: this item is included in nep-eur and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://repec.business.uzh.ch/RePEc/iso/leadinghouse/0196_lhwpaper.pdf (application/pdf)

Related works:
Working Paper: "The Double Dividend of Training" - Labor Market Effects of Work-Related Continuous Education in Switzerland (2022)
Working Paper: 'The Double Dividend of Training' – Labor Market Effects of Work-Related Continuous Education in Switzerland (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iso:educat:0196

Access Statistics for this paper

More papers in Economics of Education Working Paper Series from University of Zurich, Department of Business Administration (IBW) Contact information at EDIRC.
Bibliographic data for series maintained by Sara Brunner ().