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Make IT Work: The Labor Market Effects of Information Technology Retraining in the Netherlands.
- Source :
- De Economist (0013-063X); Aug2022, Vol. 170 Issue 3, p323-342, 20p
- Publication Year :
- 2022
-
Abstract
- The aim of this paper is to evaluate the effects of an active labor market program (ALMP) for higher educated workers in the Netherlands. The one-year program is characterized by six months of full-time IT retraining followed by a six-month internship. We estimate the effects of participating on earnings per month and working days per month. The results show significant lock-in effects during the program, lasting up to five months after program start. After this lock-in period, we find significant positive effects on earnings and working days. These positive effects remain significant until the end of the 36-month evaluation period. A conservative cost–benefit analysis based on the effects on earnings shows a return of 2.53% (95% CI 2.02–3.04%), which is low compared to the returns to education in the Netherlands of around 8%. We conclude that IT retraining has positive effects on the labor market outcomes of the participants yet relatively low returns. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 0013063X
- Volume :
- 170
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- De Economist (0013-063X)
- Publication Type :
- Academic Journal
- Accession number :
- 158510691
- Full Text :
- https://doi.org/10.1007/s10645-022-09408-6