Training participation of an aging workforce in an internal labor market

Christian Pfeifer; Simon Janssen; Phillip Yang; Uschi  Backes-Gellner

Training participation of an aging workforce in an internal labor market

Research output: Working paper › Working papers

Standard

Training participation of an aging workforce in an internal labor market. / Pfeifer, Christian; Janssen, Simon; Yang, Phillip et al.

Lüneburg : Institut für Volkswirtschaftslehre der Universität Lüneburg, 2010. (Working paper series in economics; No. Working Paper No 170).

Research output: Working paper › Working papers

Harvard

Pfeifer, C, Janssen, S, Yang, P & Backes-Gellner, U 2010 'Training participation of an aging workforce in an internal labor market' Working paper series in economics, no. Working Paper No 170, Institut für Volkswirtschaftslehre der Universität Lüneburg, Lüneburg.

APA

Pfeifer, C., Janssen, S., Yang, P., & Backes-Gellner, U. (2010). Training participation of an aging workforce in an internal labor market. (Working paper series in economics; No. Working Paper No 170). Institut für Volkswirtschaftslehre der Universität Lüneburg.

Vancouver

Pfeifer C, Janssen S, Yang P, Backes-Gellner U. Training participation of an aging workforce in an internal labor market. Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg. 2010. (Working paper series in economics; Working Paper No 170).

Bibtex

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title = "Training participation of an aging workforce in an internal labor market",

abstract = "We use a long panel data set for four entry cohorts into an internal labor market to analyze the effect of age on the probability to participate in different 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, respectively. These findings are consistent with predictions from a human capital model which incorporates amortization period and screening effects. Our results point to a market failure in the context of human capital investments to increase employability of older workers.",

keywords = "Economics, age, human capital, internal labor markets, training, Gender and Diversity",

author = "Christian Pfeifer and Simon Janssen and Phillip Yang and Uschi Backes-Gellner",

note = "Literaturverz. S. 21 - 24",

year = "2010",

language = "English",

series = "Working paper series in economics",

publisher = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",

number = "Working Paper No 170",

type = "WorkingPaper",

institution = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",

}

RIS

TY - UNPB

T1 - Training participation of an aging workforce in an internal labor market

AU - Pfeifer, Christian

AU - Janssen, Simon

AU - Yang, Phillip

AU - Backes-Gellner, Uschi

N1 - Literaturverz. S. 21 - 24

PY - 2010

Y1 - 2010

N2 - We use a long panel data set for four entry cohorts into an internal labor market to analyze the effect of age on the probability to participate in different 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, respectively. These findings are consistent with predictions from a human capital model which incorporates amortization period and screening effects. Our results point to a market failure in the context of human capital investments to increase employability of older workers.

AB - We use a long panel data set for four entry cohorts into an internal labor market to analyze the effect of age on the probability to participate in different 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, respectively. These findings are consistent with predictions from a human capital model which incorporates amortization period and screening effects. Our results point to a market failure in the context of human capital investments to increase employability of older workers.

KW - Economics

KW - age

KW - human capital

KW - internal labor markets

KW - training

KW - Gender and Diversity

M3 - Working papers

T3 - Working paper series in economics

BT - Training participation of an aging workforce in an internal labor market

PB - Institut für Volkswirtschaftslehre der Universität Lüneburg

CY - Lüneburg

ER -