"The double dividend of Training" : labor market effects of work-related continuous education in Switzerland
Stefan Denzler, Jens Ruhose, Stefan C. Wolter
This paper presents the first longitudinal estimates of the effect of work-related training on labor market outcomes in Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor market outcomes, we apply a regression-adjusted matched difference-in-differences approach with entropy balancing to account for selection bias and sorting on gains. We find that training participation increases yearly earnings and reduces the risk of unemployment two years after the treatment. However, the effects are heterogeneous as to gender, age, education, and regional labor market context. The gains are highest for middle-aged men with formal vocational education working in either depressed or booming labor markets.
Year of publication: |
October 2022
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Authors: | Denzler, Stefan ; Ruhose, Jens ; Wolter, Stefan C. |
Publisher: |
Munich, Germany : CESifo, Center for Economic Studies & Ifo Institute |
Subject: | continuous education | wages | unemployment | entropy balancing | Switzerland | Schweiz | Arbeitsmarkt | Labour market | Bildungsertrag | Returns to education | Lohn | Wages | Arbeitslosigkeit | Unemployment | Weiterbildung | Further training | Berufsbildung | Vocational training | Schätzung | Estimation | Theorie | Theory | Betriebliches Bildungsmanagement | Employer-provided training | Entropie | Entropy | Beschäftigungseffekt | Employment effect |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 24 Seiten) Illustrationen |
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Series: | CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. no. 10009 (2022) |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper |
Language: | English |
Other identifiers: | hdl:10419/267242 [Handle] |
Classification: | I21 - Analysis of Education ; i26 ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; M53 - Training |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10013413337