The Impact of Work-Related Training on Employee Earnings: Evidence from Great Britain

Panos Sousounis ()
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Panos Sousounis: Department of Economics, University of the West of England

No 919, Working Papers from Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol

Abstract: Using data from the British Household Panel Survey for the years 1998-2005, this study estimates the impact of work-related training on earnings levels. Different measures for general and specific training are constructed from available information. The analysis diverges from the standard fixed effects framework for earnings determination modelling and presents evidence in support of the predictions of the standard human capital theory with regards to training sponsoring using a random effects formulation for the earnings equation suggested by Nijman and Verbeek (1992) for controlling for attrition bias in unbalanced panels.

Keywords: work-related training; human capital; earnings (search for similar items in EconPapers)
JEL-codes: C23 J24 J31 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2009-10
New Economics Papers: this item is included in nep-hrm and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:uwe:wpaper:0919

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