Post-Schooling off-The-Job training and its benefits
Amanda Gaulke
Labour Economics, 2021, vol. 70, issue C
Abstract:
Post-schooling off-the-job training (Off-JT) is common, but little is known about how recent benefits vary across levels of formal education. Using a fixed-effects difference-in-differences regression coupled with the National Longitudinal Study of Youth 1997 data, I estimate how Off-JT certificate completion impacts employment and real (2014) annual income. Among those with a college degree, there is a significant increase in annual income. The total effect when individual-specific linear time trends are included ranges from $4,803.6 to $5,844.7. In contrast, for those with less than a college degree there is no significant change in income, despite a significant increase in employment. This is likely due to the small impact on hours worked for those without a college degree (an increase of 27 hours over the year, on average). The results suggest that the recent returns to Off-JT certificate completion depend on the formal level of education acquired prior to Off-JT.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:labeco:v:70:y:2021:i:c:s0927537121000427
DOI: 10.1016/j.labeco.2021.102007
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