2011
DOI: 10.1016/j.econedurev.2011.02.008
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Continuous training and wages: An empirical analysis using a comparison-group approach

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Cited by 52 publications
(45 citation statements)
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“…Zwick (2006) finds that training increases the productivity but there was no significant rise of wages. This result is also confirmed by Görlitz (2011), who investigates the short-term impact of on-the-job training on wages using German linked employer-employee data. Hence, the empirical literature suggests that training yields a productivity-dependent rent that is not offset by increased wages.…”
Section: Previous Literature and Hypothesessupporting
confidence: 62%
“…Zwick (2006) finds that training increases the productivity but there was no significant rise of wages. This result is also confirmed by Görlitz (2011), who investigates the short-term impact of on-the-job training on wages using German linked employer-employee data. Hence, the empirical literature suggests that training yields a productivity-dependent rent that is not offset by increased wages.…”
Section: Previous Literature and Hypothesessupporting
confidence: 62%
“…Several empirical studies have shown that job-related training is associated with higher wages and productivity (e.g. Acemoglu & Pischke, 1999;Blundel et al, 1999;Leuven & Oosterbeek, 2008;Görlitz, 2011). However, due to lack of data on skill development, there is hardly any empirical literature on the contribution of different forms of human capital investments to workers' skill development.…”
Section: Introductionmentioning
confidence: 99%
“…While the monetary returns refer to an increase in worker's productivity which is expected to elevate his future earnings (Lynch, 1992;Mincer, 1989a;Pischke, 2001;Evertsson, 2004), non-monetary returns refer to returns such as promotion, employment stability (Büchel & Pannenberg, 2004) and job security (Bassanini, 2006;Lang, 2012), all of which are expected to rise with the training investment. Although there are only few empirical studies concentrating on the relation between training and nonmonetary returns, recent studies have pointed to a weak correlation between training and wages which is in contrast to the human capital theory (Pischke, 2001;Leuven & Oosterbeek, 2008;Görlitz, 2011).…”
Section: The Human Capital Theory: the Concept Of Trainingmentioning
confidence: 76%
“…Beside the participation effect, acknowledgment in the few job opportunities one has might result in decreased job aspirations among older workers and thus in higher satisfaction. Furthermore, also found a strong non-linear relationship between age and job satisfaction particularly for full-time workers and for men while Burgard and Görlitz (2011) found statistically significant U-shaped relationship for both male and female. Another possible explanation for the high job satisfaction among older workers concerns their better jobs which are consequence of building up experience and seniority over the years.…”
Section: The Determinants Of Job Satisfactionmentioning
confidence: 99%