Institutional Affiliation: Landesstatistischer Dienst Salzburg
|Returns to Apprenticeship Training in Austria: Evidence from Failed Firms|
with , : w13344
Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS estimates suggest that the returns are similar to those of other types of schooling. However, there is a lot of heterogeneity in the types of apprenticeships offered, and institutional descriptions suggest that there might be an important element of selection in who obtains an apprenticeship, and what type. In order to overcome the resulting ability bias we estimate returns to apprenticeship training for apprentices in failed firms in Austria. When a firm fails, current apprentices cannot complete their training in this firm. Because apprentices will be at different stages in their apprenticeship at that time, the failure of a firm will manipulate the length of the ap...
Published: Josef Fersterer, Jörn-Steffen Pischke, Rudolf Winter-Ebmer. "Returns to Apprenticeship Training in Austria: Evidence from Failed Firms" Scandinavian Journal of Economics 104, December 2008, 733-753. citation courtesy of