Working paper of the Basic Research Program

Pavel Travkin's working paper "The Returns to Training in Russia: A Difference-in-Differences Analysis" was published in the HSE Basic Research Program series of WP.

Pavel Travkin. The Returns to Training in Russia: A Difference-in-Differences Analysis. Higher School of Economics Research Paper No. WP BRP 56/EC/2014

This paper investigates the wage return to job-related training using a difference-in-differences estimator to control for unmeasured differences in ability and measured differences in past wages as a proxy for ability and motivation. Estimates use data from the Russia Longitudinal Monitoring Survey from 2004 to 2011. As predicted, positive returns to training are identified, and the returns increase absolutely with the level of past wages, consistent with human capital and selection models.

Keywords: returns to training, human capital, unobserved abilities, Russia.

JEL Classification: J24, J31



Working paper is available at SSRN - http://ssrn.com/abstract=2423678