Article ID Journal Published Year Pages File Type
354572 Economics of Education Review 2010 11 Pages PDF
Abstract

In this paper we investigate the role of workers’ training history in determining current training-incidence. The analysis is conducted on an unbalanced sample comprising information on approximately 5000 employees from the first seven waves of the BHPS. Training participation is modelled as a dynamic random effects probit model where the effects of unobserved heterogeneity and initial conditions are accounted for in a fashion consistent with methods proposed by Chamberlain (1984) and Wooldridge (2005), respectively. The results suggest that prior training experience is a significant determinant of a worker's participation in a current training episode comparable with other formal educational qualifications.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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