Job-training of Hungarian higher-education graduates

Péter Galasi ()
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Péter Galasi: BUESPA, Department of Human Resources, H-1093 Budapest, Fővám tér 8, Hungary

Society and Economy, 2004, vol. 26, issue 1, 105-125

Abstract: Considerable amounts of time and money are spent on job-training of school leavers graduated from higher-education institutions. More than a half of the employees in our sample participated in job-training between the graduation date (1999) and September 2000. The work in this paper considers two aspects of the problem. First, the relationship between training probability/training length and the initial human capital (proxied by level of education and in-school labour-market experience) is concerned with, and, second, some elements of the training-cost-sharing decision is analysed. There are some signs that university education reduces the probability of training as compared to college education, whereas in-school labour-market experience increases it. University education reduces training length as well. In-school labour-market experience has no effect on the length of job-training. Another important result is that school-leavers holding diplomas with “narrower” types of education are more likely to obtain training, and also to have longer training programmes. This implies a more severe matching problem in the case of “narrower” types of education, possibly due to prohibitive searching costs for finding a good-quality match. Results for the cost-sharing decision are in line with Becker's idea, since the firm is less likely to entirely cover the costs of general training and more likely to finance job-specific training programmes.

Keywords: economics of education; on-the-job training (search for similar items in EconPapers)
Date: 2004
Note: This research was supported by a grant from the CERGE-EI Foundation under a programme of the Global Development Network. Additional funds for grantees in the Balkan countries have been provided by the Austrian Government through WIIW, Vienna. All opinions expressed are those of the author(s) and have not been endorsed by CERGE-EI, WIIW, or the GDN. The author wishes to thank Gábor Kézdi for help, advice and comments.
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