Refine
Year of publication
- 1997 (1)
Document Type
- Working Paper (1) (remove)
Language
- English (1)
Has Fulltext
- yes (1)
Is part of the Bibliography
- no (1)
Keywords
- instrumental variables (1) (remove)
Institute
We estimate a semiparametric single-risk discrete-time duration model to assess the effect of vocational training on the duration of unemployment spells. The data basis used in this study is the German Socio-Economic-Panel (GSOEP) for West Germany for the period from 1986 to 1994. To take into account a possible selection bias actual participation in vocational training is instrumented using estimates of a randomeffects probit model for the participation in qualification measures. Our main results show that training does have a significant short term effect of reducing unemployment duration but that this effect does not persist in the long run. JEL classifications: C41, J20, J64