Autore
Dauth, Christine

Titolo
On Government-Subsidized Training Programs for Older Workers
Periodico
Labour
Anno: 2016 - Volume: 30 - Fascicolo: 4 - Pagina iniziale: 371 - Pagina finale: 392

We analyze the impact of subsidized training programs for older workers. We apply a dynamic matching approach using German registry data. We find that subsidized training improves the probability to remain in paid employment by approximately 2.5 percentage points in the 2 years following treatment. The impact on benefit claims is small and largely insignificant. Effects are more pronounced for part-time workers, for long-duration program participants, and for workers older than 55 years. The results suggest that the main driver of these outcomes is postponed retirement, potentially because of improved job satisfaction.



SICI: 1121-7081(2016)30:4<371:OGTPFO>2.0.ZU;2-L

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