Returns to Training and Skill Mismatch: Evidence from Australia

[thumbnail of Full Paper]
15903.pdf (344kB) | Preview

Messinis, George and Olekalns, Nilss (2008) Returns to Training and Skill Mismatch: Evidence from Australia. Working Paper. Victoria University, Melbourne, Australia.


This paper utilises Australian data to evaluate the effect of firm-provided job training on labour income. It also examines whether training can shed light on the effects of skill-job mismatch. We employ a trivariate model to account for firm selection bias in training and worker selection in full-time employment participation. The evidence shows that training has a significant positive impact on wages and assists in the augmentation and replenishment of human capital. Further, training ameliorates the disadvantage associated with the mismatch between formal education and required education.

Dimensions Badge

Altmetric Badge

Additional Information
Item type Monograph (Working Paper)
DOI CSES Working Paper No. 40
Subjects Historical > FOR Classification > 1402 Applied Economics
Historical > Faculty/School/Research Centre/Department > Centre for Strategic Economic Studies (CSES)
Keywords training, education, overeducation, wages, human capital depreciation
Download/View statistics View download statistics for this item

Search Google Scholar

Repository staff login