search query: @author Groot, W. / total: 4
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| Author: | Groot, W. |
| Title: | The wage effects of investment in enterprise-related training |
| Journal: | Empirical Economics
1995 : VOL. 20:1, p. 133-148 |
| Index terms: | ECONOMICS MARKETING GERMANY |
| Language: | eng |
| Abstract: | In this paper the author calculates the rate of return to enterprise-related training (ERT) using a simultaneous equations self-selection model of investment in ERT and wages. For participants the expected rate of return to a yet of ERT is approximately 28%. For non-participants the rate of return is negative. Although the average rate of return is high, the marginal rate of return is zero or negative. |
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