Non-Monetary Benefits of Continuous Training

Jens Ruhose () and Stephan Thomsen

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: We study the effects of continuous training on non-monetary outcomes. Wider benefits of continuous training have become a top priority on the European political agenda. Using SOEP data, we find evidence that continuous training increases life satisfaction, reduces worries about the own economic and job situation, and increases civic participation in some domains. We employ a regression-adjusted DiD matching approach that accounts for selection on observables and for time-invariant unobservables.

JEL-codes: I21 J24 M53 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-cta and nep-hap
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168169

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