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Author: Kambourov, Gueorgui
Resulting in 1 citation.
1. Kambourov, Gueorgui
Manovskii, Iourii
Plesca, Miana
Occupational Mobility and the Returns to Training
Canadian Journal of Economics 53,1 (February 2020): 174-211.
Cohort(s): NLSY79
Publisher: Canadian Economics Association / Association canadienne d\'economiques
Keyword(s): Mobility, Occupational; Occupations; Training; Training, Employee; Wages

Permission to reprint the abstract has not been received from the publisher.

The literature on the returns to training has pointed out that, immediately following a training episode, wages of participants in employer‐sponsored training increase substantially while wages of participants in government‐sponsored training hardly change. We argue that there is a potential selection issue--most of the government‐sponsored trainees are occupation switchers while most participants in employer‐sponsored training are occupation stayers. An occupational switch involves a substantial destruction of human capital, and once we account for the associated decline in wages, we find a large positive impact of both employer‐ and government‐sponsored training on workers' human capital.
Bibliography Citation
Kambourov, Gueorgui, Iourii Manovskii and Miana Plesca. "Occupational Mobility and the Returns to Training." Canadian Journal of Economics 53,1 (February 2020): 174-211.