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Training Participation of a Firm's Aging Workforce

Christian Pfeifer (), Simon Janssen (), Philip Yang () and Uschi Backes-Gellner

No 80, Economics of Education Working Paper Series from University of Zurich, Department of Business Administration (IBW)

Abstract: We use a long panel data set for four cohorts of male blue-collar workers entering into an internal labor market to analyze the effect of age on the probability of participating in different employer-financed training measures. We find that training participation probabilities are inverted u-shaped with age and that longer training measures are undertaken earlier in life and working career. These findings are consistent with predictions from a human capital model that incorporates amortization period and screening effects.

Keywords: Age; Human capital; Internal labor markets; Training (search for similar items in EconPapers)
JEL-codes: J14 J24 M53 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2012-08
New Economics Papers: this item is included in nep-age, nep-bec, nep-dem, nep-hrm and nep-lab
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Persistent link: https://EconPapers.repec.org/RePEc:iso:educat:0080

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