The Labour Market Impact of Adult Education and Training: A Cohort Analysis

15 Pages Posted: 30 Apr 2004

See all articles by Anna F. Vignoles

Anna F. Vignoles

London School of Economics & Political Science (LSE)

Fernando Galindo-Rueda

London School of Economics & Political Science (LSE) - Centre for Economic Performance (CEP); Institute for the Study of Labor (IZA)

Leon Feinstein

London School of Economics & Political Science (LSE)

Abstract

Education boosts individuals' productivity and wages. Yet many individuals leave school with minimal skills and qualifications. One way for these workers to catch up might be lifelong learning. We find that a particular form of lifelong learning, work related training, does have a positive impact on earnings. However, firms tend only to train those workers who will gain from training. Training does benefit those chosen to receive it but if all workers received training, the average impact on wages would be low. Hence, this form of lifelong learning is not necessarily an effective way of raising wages.

Suggested Citation

Vignoles, Anna F. and Galindo-Rueda, Fernando and Feinstein, Leon, The Labour Market Impact of Adult Education and Training: A Cohort Analysis. Available at SSRN: https://ssrn.com/abstract=537963

Anna F. Vignoles (Contact Author)

London School of Economics & Political Science (LSE) ( email )

Centre for Economic Performance (CEP)
Houghton Street
London WC2A 2AE
United Kingdom

Fernando Galindo-Rueda

London School of Economics & Political Science (LSE) - Centre for Economic Performance (CEP) ( email )

Houghton Street
London WC2A 2AE
United Kingdom

Institute for the Study of Labor (IZA)

P.O. Box 7240
Bonn, D-53072
Germany

Leon Feinstein

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London WC2A 2AE
United Kingdom

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