TY  - RPRT
        AU  - Lechner, Michael
AU  - Melly, Blaise
        TI  - Earnings Effects of Training Programs
        PY  - 2007/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 2926
        UR  - https://www.iza.org/index.php/publications/dp2926
        AB  - In an evaluation of a job-training program, the influence of the program on the individual earnings capacity is important, because it reflects the program effect on human capital. Estimating these effects is complicated because earnings are observed for employed individuals only, and employment is itself an outcome of the program. Point identification of these effects can only be achieved by usually implausible assumptions. Therefore, weaker and more credible assumptions are suggested that bound various average and quantile effects. For these bounds, consistent, nonparametric estimators are proposed. In a reevaluation of Germany's training programs of 1993 and 1994, we find that the programs considerably improve the long-run earnings capacity of its participants.
        KW  - bounds
KW  - treatment effects
KW  - causal effects
KW  - program evaluation
        ER  -