Firm-Sponsored Classroom Training: Is It Worth It for Older Workers?

Benoit Dostie and Pierre Thomas Léger

Canadian Public Policy, 2014, vol. 40, issue 4, 377-390

Abstract: We use longitudinal linked employer-employee data and find that the probability of participating in firm-sponsored classroom training diminishes with age. Although the standard human capital investment model predicts such a decline, we also consider the possibility that the wage and productivity impacts of training decline with age. Taking into account endogenous training decisions, we find that the training wage premium diminishes only slightly with age. However, estimates of the impact of training on productivity decrease dramatically with age, suggesting that incentives for firms to invest in classroom training are much lower for older workers.

Date: 2014
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Related works:
Working Paper: FIRM-SPONSORED CLASSROOM TRAINING: IS IT WORTH IT FOR OLDER WORKERS? (2012)
Working Paper: Firm-Sponsored Classroom Training: Is It Worth It For Older Workers? (2011)
Working Paper: FIRM-SPONSORED CLASSROOM TRAINING: IS IT WORTH IT FOR OLDER WORKERS? (2011)
Working Paper: Firm-Sponsored Classroom Training: Is It Worth It for Older Workers? (2011)
Working Paper: Firm-Sponsored Classroom Training: is it Worth it for Older Workers ? (2011)
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