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Volume 4 Issue 2 November 2012
Abstract
Christian Pfeifer a b, Simon Janssen c, Philip Yang d, Uschi Backes-Gellner c
Training participation of a firm’s aging workforce
We use a long panel data set for four cohorts of male blue-collar workers entering into an internal labor market to analyze the effect of age on the probability of participating in different employer-financed training measures. We find that training participation probabilities are inverted u-shaped with age and that longer training measures are undertaken earlier in life and working career. These findings are consistent with predictions from a human capital model that incorporates amortization period and screening effects.
a Leuphana University Lüneburg, Germany
b IZA Bonn, Germany
c University Zurich, Institute for Strategy and Business Economics, Switzerland
d Leibniz University Hannover, Institute of Labor Economics, Germany
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