KDI Journal of Economic Policy (Oct 2011)

The Effects of Changes in Household Structure on Service Consumption in Korea

  • Lee, Chul-In,
  • Yoo, Gyeong joon

DOI
https://doi.org/10.23895/kdijep.2011.33.3.87
Journal volume & issue
Vol. 33, no. 3
pp. 87 – 120

Abstract

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This paper examines how the levy-grant system for on-the-job training affects individual workers' training level and the subsequent wage growth. Some notable results include: (i) the workers at the firms facing high net benefits (i.e., grant minus levy) receive more firm training indeed, and (ii) training provision raises post-training earnings substantially. All these results are found to be robust to changes in firm size and estimation method.

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