Training Participation of a Firm's Aging Workforce
Christian Pfeifer (),
Simon Janssen (),
Philip Yang () and
No 80, Economics of Education Working Paper Series from University of Zurich, Department of Business Administration (IBW)
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
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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