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Return on Investment from Training Programs and Intensive Services

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  • Adrian Fleissig

Abstract

This study includes the likelihood of finding a job and retaining employment as well as eligibility for unemployment benefits to estimate the return on investment (ROI) for both job training and intensive services programs. The augmented ROI for job training programs and intensive job services from California One-Stop Centers are positive. This suggests that these programs do provide benefits. The estimated augmented ROI for individuals enrolled in job training programs and intensive job services are similar. In contrast, traditional approaches that omit important employment characteristics significantly overestimate the ROI. Monte Carlo simulations show that changing program costs affect the augmented ROI for training programs but have minimal impact on the augmented ROI for intensive services. Copyright International Atlantic Economic Society 2014

Suggested Citation

  • Adrian Fleissig, 2014. "Return on Investment from Training Programs and Intensive Services," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 42(1), pages 39-51, March.
    • Handle: RePEc:kap:atlecj:v:42:y:2014:i:1:p:39-51
    DOI: 10.1007/s11293-013-9394-y
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    References listed on IDEAS

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    More about this item

    Keywords

    California One Stop Centers; Training programs; Intensive job services; J30; J31;
    All these keywords.

    JEL classification:

    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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