Retaining through Training: Even for Older Workers
Matteo Picchio () and
Jan van Ours ()
No 2011017, Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)
This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual heterogeneity. We also take into account that there might be feedback from shocks in the employment status to future propensity of receiving firm-provided training. We find that firm-provided training significantly increases future employment prospects. This finding is robust to a number of robustness checks. It also holds for older workers, suggesting that firm-provided training may be an important instrument to retain older workers at work.
Keywords: training; employment; human capital; older workers (search for similar items in EconPapers)
JEL-codes: C33 C35 J21 J24 M53 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-hrm and nep-lab
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Journal Article: Retaining through training even for older workers (2013)
Working Paper: Retaining through training; even for older workers (2011)
Working Paper: Retaining through Training: Even for Older Workers (2011)
Working Paper: Retaining through Training Even for Older Workers (2011)
Working Paper: Retaining through Training; Even for OlderWorkers (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvir:2011017
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