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  • P-ISSN 1738-656X
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한국개발연구. Vol. 32, No. 2, June 2010, pp. 27-53

https://doi.org/10.23895/kdijep.2010.32.2.27

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

Gyeong joon Yoo; Chang hui Kang

Author & Article History

Manuscript .

Abstract

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.

Keywords

직업훈련(Vocational Training), 임금효과(Wage Effect), 성향점수 매칭법(Propensityscore Matching)

JEL Code

C0, C3, C8

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