Details

Autor(en) / Beteiligte

• Stromsdorfer, Ernst W.

Titel

Determinants of Economic Success in Retraining the Unemployed: The West Virginia Experience

Ist Teil von

• The Journal of human resources, 1968-04, Vol.3 (2), p.139-158

Ort / Verlag

Madison: University of Wisconsin Press

Erscheinungsjahr

1968

Quelle

PAIS Index

Beschreibungen/Notizen

• The economic costs and benefits of government-sponsored retraining of the long-term unemployed in West Virginia from 1959 through 1964 are examined and analyzed in this study of the post-training labor market experience of 879 Trainees, Nontrainees, and other groups. A multivariate analysis was used. When the effects of age, sex, education, and other socioeconomic and labor market variables were held constant, the net effect of retraining on employment and before-tax earnings for the study sample was shown to be positive and statistically significant. Average monetary benefits exceeded average monetary costs during the 18-month post-training period.