Retaining through Training; Even for OlderWorkers

M. Picchio, J.C. van Ours

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Abstract

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.
Original languageEnglish
Place of PublicationTilburg
PublisherEconomics
Volume2011-040
Publication statusPublished - 2011

Publication series

NameCentER Discussion Paper
Volume2011-040

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Keywords

  • training
  • employment
  • human capital
  • older workers

Cite this

Picchio, M., & van Ours, J. C. (2011). Retaining through Training; Even for OlderWorkers. (CentER Discussion Paper; Vol. 2011-040). Economics.