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Title: Determinants and Consequences of Public Sector and Private Sector Training
Resulting in 1 citation.
1. Heckman, James J.
Cameron, Stephen V.
Schochet, Peter Zygmunt
Determinants and Consequences of Public Sector and Private Sector Training
NLS Discussion Paper No. 92-15, Washington DC: U.S. Bureau of Labor Statistics, 1992.
Also: http://www.bls.gov/ore/abstract/nl/nl920040.htm
Cohort(s): NLSY79
Publisher: U.S. Department of Labor
Keyword(s): Earnings; Human Capital; Job Training; Job Turnover; Labor Force Participation; Labor Market Outcomes; Life Cycle Research; Private Sector; Public Sector; Training

This in-progress research will use data from the NLSY to estimate the determinants and consequences of participation in private and public training programs. Data from the NLSY contain unusually rich longitudinal information on training and labor market activities. For both national representative samples and subsamples of disadvantaged youth, this research will seek answers to the following questions: (1) What are the determinants of participation in private and public sector training programs? (2) What are the determinants of the amount of time spent in training? (3) What are the impacts of different types of training programs on earnings, wage rates, employment, unemployment, job turnover, and subsequent training? (4) To what extent are public and private training programs comparable in affecting wages, employment, job attachment, and unemployment? These issues will be addressed using explicit life cycle dynamic models to control for the bias that potentially plagues naive regression analysis. Selection bias may arise if persons are not randomly selected into training. Two strategies for addressing selection bias problems are proposed. The emphasis in this project will be on the estimation of robust empirical relationships. This project will provide new information on the labor market dynamics of youth and the role of training in generating those dynamics. The analysis will also shed light on the importance of training in accounting for life cycle wage growth and the empirical importance of training complementarity that is featured in the human capital literature. By estimating the importance of family background and resources as determinants of participation in training, and the substitutability of governmental and private training, it is hoped that more will be learned about the efficacy of alternative strategies for affecting labor market outcomes.
Bibliography Citation
Heckman, James J., Stephen V. Cameron and Peter Zygmunt Schochet. "Determinants and Consequences of Public Sector and Private Sector Training." NLS Discussion Paper No. 92-15, Washington DC: U.S. Bureau of Labor Statistics, 1992.