Loading...
Please wait, while we are loading the content...
Similar Documents
The impact of training vouchers on low-skilled workers
| Content Provider | Semantic Scholar |
|---|---|
| Author | Hidalgo, Diana Oosterbeek, Hessel Webbink, Dinand |
| Copyright Year | 2014 |
| Abstract | This paper reports about a randomized experiment in which training vouchers of €1000 were given to low-skilled workers. The vouchers increase training participation by almost 20 percentage points in two years, relative to a base rate of 0.45. This increased participation comes at a substantial deadweight loss of almost 60%. Consistent with predictions from human capital theory, we find that vouchers cause a shift towards more general forms of training. We do not find any significant impact of the program on monthly wages or on job mobility. The program does, however, have a significant impact on future training plans. Compared to always-takers, new trainees are more often male, more risk averse, work shorter hours and are less likely to have participated in training prior to treatment. Compared to never-takers, they are more often female, work longer hours and have a somewhat lower formal education level. |
| Starting Page | 117 |
| Ending Page | 128 |
| Page Count | 12 |
| File Format | PDF HTM / HTML |
| DOI | 10.1016/j.labeco.2014.09.002 |
| Alternate Webpage(s) | http://www.economists.nl/files/20150530-hidalgoOosterbeekWebbink2014labec.pdf |
| Alternate Webpage(s) | https://doi.org/10.1016/j.labeco.2014.09.002 |
| Volume Number | 31 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
