For best experience please turn on javascript and use a modern browser!
You are using a browser that is no longer supported by Microsoft. Please upgrade your browser. The site may not present itself correctly if you continue browsing.

'Participation in training and its effect on the decision to retire early'.

Event details of AIAS Lunch Seminar: Didier Fourage (OSA, University of Tilburg) and Trudie Schils (AIAS)
Date 4 October 2007
Time 12:15 -13:15
Location Roeterseilandcampus - building M

Participation in training and its effect on the decision to retire early

Didier Fourage (OSA, University of Tilburg) and Trudie Schils (AIAS)

Human capital theory predicts that older workers are less likely to be involved in on-the-job training than younger workers, due to lower net returns of such investments to the worker and the firm. Empirical testing using the European Community Household Panel shows that older workers indeed participate less in training. However, the differential in training incidence between younger and older workers is smaller in countries with an established tradition of lifelong learning (Denmark and Finland). In Europe, training appears to be complementary to formal education, but this is less so the case for older workers. While correcting for self-selection into training, we show that older workers who participate in on-the-job training are less likely to retire early than workers who are not engaged in training activities. Our findings suggest that investing in training is indeed a valuable policy tool to keep older workers in paid employment.

Look at our website www.uva-aias.net for more information on the lunch seminar series.

Roeterseilandcampus - building M

Plantage Muidergracht 12
1018 TV Amsterdam

Deelname