(), Hege Torp
() and Tao Zhang
Oddbjørn Raaum: Ragnar Frisch Centre for Economic Research, Postal: Gaustadalléen 21, N-0349 Oslo, Norway
Hege Torp: Institute for Social Research, Postal: Postbox 3233 Elisenberg, N-0208 Oslo, Norway
Tao Zhang: Ragnar Frisch Centre for Economic Research, Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway
Abstract: Individual long run effects of a labour market training programme targeted at unemployed adults are evaluated by comparing mean post-training earnings for matched samples of participants and non-participants. Average training effects on the trained are positive and persistent over the posttraining period of 5 years. Participants without recent work experience, prior to the training, gain less. For participants with recent work experience the present value of the 5 years accumulated earnings effect exceeds the direct costs of the training.
60 pages, June 17, 2003
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