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The Effect of Workplace Education on Earnings, Turnover, and Job Performance

Journal of Labor Economics 1998 16(1), 61-94
This article examines the impact of a workplace education program at two companies (one in the manufacturing sector, the other in the service sector). We examine a broad range of outcome variables, including earnings, turnover, performance awards, job attendance, and subjective performance measures. We estimate a small, positive impact of the program on earnings at the manufacturing company but an insignificant impact at the service company. Trainees were equally likely to exit the company as nontrainees. We also find that the training had a positive association with the incidence of job bids, upgrades, performance awards, and job attendance.

Economists' Views about Parameters, Values, and Policies: Survey Results in Labor and Public Economics

Journal of Economic Literature 1998
Specialists in labor economics and public economics at 40 leading research universities provided opinions of policy proposals, quantitative best estimates and 95-percent confidence intervals for economic parameters, and answers to values questions regarding income redistribution, efficiency versus equity, and individual versus social responsibility. Their positions on policy are more closely related to their values than to their estimates of relevant economic parameters. Average best estimates of the economic parameters agree well with the relevant literature, but individual best estimates are usually widely dispersed. The individual 95-percent confidence intervals are much narrower than the substantial cross-respondent variation in estimates would warrant.