The Impacts of Vocational Training on Earnings in Korea: Evidence from the Economically Active Population Survey

Autor: Yoo, Gyeong joon, Kang, Chang hui
Jazyk: English<br />Korean
Rok vydání: 2010
Předmět:
Zdroj: KDI Journal of Economic Policy, Vol 32, Iss 2, Pp 27-53 (2010)
Druh dokumentu: article
ISSN: 2586-2995
2586-4130
DOI: 10.23895/kdijep.2010.32.2.27
Popis: This paper examines whether and how much vocational training raises an individual's earnings in Korea, using the Economically Active Population Survey. To overcome endogeneity of training, we apply fixed-effects and propensity-score matching (PSM) methods. Fixed-effects (PSM) results suggest that work-related training received in the previous one year increases a worker's monthly earnings by 2.6 to 4.7 (7.5 to 9.8) percent. Taken altogether, work-related training enhances a worker's earnings by a minimum of 2.6 and a maximum of 9.8 percent in Korea.
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