TY - JOUR

T1 - Training participation of a firm's aging workforce

AU - Pfeifer, Christian

AU - Janssen, Simon

AU - Yang, Phillip

AU - Backes-Gellner, Uschi

N1 - Funding Information: This work was financially supported by the VolkswagenStiftung. We thank Jens Mohrenweiser, Patrick Puhani, participants of the Colloquium in Personnel Economics 2010 in Trier, and two referees of this journal for their comments.

PY - 2012

Y1 - 2012

N2 - We use a long panel data set for four cohorts of male blue-collar workers entering into an internal labor market to analyze the effect of age on the probability of participating in different employer-financed training measures. We find that training participation probabilities are inverted u-shaped with age and that longer training measures are undertaken earlier in life and working career. These findings are consistent with predictions from a human capital model that incorporates amortization period and screening effects.

AB - We use a long panel data set for four cohorts of male blue-collar workers entering into an internal labor market to analyze the effect of age on the probability of participating in different employer-financed training measures. We find that training participation probabilities are inverted u-shaped with age and that longer training measures are undertaken earlier in life and working career. These findings are consistent with predictions from a human capital model that incorporates amortization period and screening effects.

KW - Economics

KW - Human capital

KW - Internal labor markets

KW - Training

KW - Gender and Diversity

KW - age

UR - http://www.scopus.com/inward/record.url?scp=84878473565&partnerID=8YFLogxK

U2 - 10.1007/BF03546513

DO - 10.1007/BF03546513

M3 - Journal articles

VL - 4

SP - 131

EP - 148

JO - Empirical Research in Vocational Education and Training

JF - Empirical Research in Vocational Education and Training

SN - 1877-6337

IS - 2

ER -