This paper uses data from the National Longitudinal Survey of Youth to estimate the effects of formal training on employment duration. Using an approach meant to distinguish between training as an unconditional investment and training as an outcome conditional on the quality of the job match, I...

This paper uses data from the National Longitudinal Survey of Youth to estimate the effects of formal training on employment duration. Using an approach meant to distinguish between training as an unconditional investment and training as an outcome conditional on the quality of the job match, I...