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Determinants of Economic Success in Retraining the Unemployed: The West Virginia Experience

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  • Ernst W. Stromsdorfer

Abstract

The economic costs and benefits of government-sponsored retraining of the long-term unemployed in West Virginia from 1959 through 1964 are examined and analyzed in this study of the post-training labor market experience of 879 Trainees, Nontrainees, and other groups. A multivariate analysis was used. When the effects of age, sex, education, and other socioeconomic and labor market variables were held constant, the net effect of retraining on employment and before-tax earnings for the study sample was shown to be positive and statistically significant. Average monetary benefits exceeded average monetary costs during the 18-month post-training period.

Suggested Citation

  • Ernst W. Stromsdorfer, 1968. "Determinants of Economic Success in Retraining the Unemployed: The West Virginia Experience," Journal of Human Resources, University of Wisconsin Press, vol. 3(2), pages 139-158.
    • Handle: RePEc:uwp:jhriss:v:3:y:1968:i:2:p:139-158
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    Cited by:

    1. Elkin, Randyl Don, 1971. "An evaluation of benefit-cost analysis as a tool for manpower decision making," ISU General Staff Papers 197101010800005447, Iowa State University, Department of Economics.
    2. Steven Raphael & Michael A. Stoll, 2006. "Evaluating the Effectiveness of the Massachusetts Workforce Development System Using No-Shows as a Nonexperimental Comparison Group," Evaluation Review, , vol. 30(4), pages 379-429, August.

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