Straight to Work or a Traineeship: A comparison of Two Pathways

Alfred Dockery and Thorsten Stromback
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Thorsten Stromback: Curtin University of Technology

Australian Journal of Labour Economics (AJLE), 2005, vol. 8, issue 4, 309-329

Abstract: This paper presents a simple theoretical model of the Australian Traineeship System and goes on to evaluate the early career outcomes of young persons who take up a traineeship shortly after leaving school. The trainees are compared to other school leavers who do not undertake any further education or training after leaving school. Using eight indicators of outcomes, it is found that doing a traineeship does not lead to a marked improvement in outcomes although trainees have a stronger commitment to their chosen career and express greater satisfaction with their jobs than young persons who go straight to work.

Keywords: Human Capital; Skills; Occupational Choice; Labor Productivity (Formal Training Programs; On-the-Job Training); Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc. (search for similar items in EconPapers)
JEL-codes: J24 J31 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (2)

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