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metadata language: English

Replication data for: Training and Lifetime Income

Version
V0
Resource Type
Dataset
Creator
  • Kuruscu, Burhanettin
Publication Date
2006-06-01
Description
  • Abstract

    This paper challenges the notion that on-the-job training investments are quantitatively important for workers' welfare and argues that on-the-job training may not increase lifetime income by more than 1 percent. I argue that it is very difficult to reconcile the slowdown in wage growth late in a worker's career with optimizing behavior unless the technology for learning on the job is such that it generates very low gains from training. The analysis is based on a nonparametric methodology for estimating the learning technology from wage profiles; the results are arrived at by comparing the lifetime income when the worker optimally invests in his human capital to the one where he does not make any investments. (JEL: E24, J24, J31)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.96.3.832 (Text)
Publications
  • Kuruscu, Burhanettin. “Training and Lifetime Income.” American Economic Review 96, no. 3 (May 2006): 832–46. https://doi.org/10.1257/aer.96.3.832.
    • ID: 10.1257/aer.96.3.832 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07

Kuruscu, Burhanettin (2006): Replication data for: Training and Lifetime Income. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E116224