Quick Job Entry or Long-Term Human Capital Development? The Dynamic Effects of Alternative Training Schemes
比较了短期求职导向培训与长期人力资本密集型培训对失业者入职时间、就业稳定性和收入的影响，发现长期培训虽初期延长失业但后续带来更稳定就业和更高收入，而短期培训成本效率更高。
This article investigates how precisely short-term, job search-oriented training programs as opposed to long-term, human capital intensive training programs work. We evaluate and compare their effects on time until job entry, stability of employment, and earnings. Further, we examine the heterogeneity of treatment effects according to the timing of training during unemployment as well as across different subgroups of participants. We find that participating in short-term training reduces the remaining time in unemployment and moderately increases job stability. Long-term training programs initially prolong the remaining time in unemployment, but once the scheduled program end is reached participants exit to employment at a much faster rate than without training. In addition, they benefit from substantially more stable employment spells and higher earnings. Overall, long-term training programs are well effective in supporting the occupational advancement of very heterogeneous groups of participants, including those with generally weak labor market prospects. However, from a fiscal perspective only the low-cost short-term training schemes are cost efficient in the short run. Copyright , Oxford University Press.