This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random event like course cancellation by the provider of training. We find no impact of voucher training on wages, employment, job tasks and on subjective outcomes (in particular, the risk of job loss and job satisfaction). However, there is evidence that training participants report to better match the skill requirements of their job.
Country
Germany
Publication Year
2015
Employment incentives
Public sector employment
Private sector employment incentives
Labour market services
Long term unemployed
Training
Classroom/vocational training
Vulnerable groups
Other disadvantaged
Funding Source
Other
Outcome Variable
Employment status
Income/wages
Data Source
Administrative
Evaluation Method
Regression