Return on Investment from Training Programs and Intensive Services
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...
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| Veröffentlicht in: | Atlantic economic journal 2014-03, Vol.42 (1), p.39-51 |
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| container_title | Atlantic economic journal |
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| creator | Fleissig, Adrian R. |
| description | 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. |
| doi_str_mv | 10.1007/s11293-013-9394-y |
| format | Article |
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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.</description><identifier>ISSN: 0197-4254</identifier><identifier>EISSN: 1573-9678</identifier><identifier>DOI: 10.1007/s11293-013-9394-y</identifier><language>eng</language><publisher>Boston: Springer US</publisher><subject>Analysis ; California ; Careers ; Costs ; Economic policy ; Economic statistics ; Economic theory ; Economics ; Economics and Finance ; Education ; Employment ; Employment training programs ; Estimation ; International Economics ; Investment ; Labor economics ; Macroeconomics/Monetary Economics//Financial Economics ; Microeconomics ; Monte Carlo method ; Monte Carlo simulation ; Probability ; Public Finance ; Rate of return ; Reporting requirements ; Return on investment ; Secondary schools ; Skills ; Studies ; Training ; U.S.A ; Unemployment ; Unemployment benefits ; Unemployment insurance ; Workforce</subject><ispartof>Atlantic economic journal, 2014-03, Vol.42 (1), p.39-51</ispartof><rights>International Atlantic Economic Society 2014</rights><rights>COPYRIGHT 2014 Springer</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c524t-3185d84b5eb03a7d9afa76faa7445d684522ba0189df1a6451a7beafd1fa59393</citedby><cites>FETCH-LOGICAL-c524t-3185d84b5eb03a7d9afa76faa7445d684522ba0189df1a6451a7beafd1fa59393</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s11293-013-9394-y$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s11293-013-9394-y$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,780,784,27865,27923,27924,41487,42556,51318</link.rule.ids></links><search><creatorcontrib>Fleissig, Adrian R.</creatorcontrib><title>Return on Investment from Training Programs and Intensive Services</title><title>Atlantic economic journal</title><addtitle>Atl Econ J</addtitle><description>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.</description><subject>Analysis</subject><subject>California</subject><subject>Careers</subject><subject>Costs</subject><subject>Economic policy</subject><subject>Economic statistics</subject><subject>Economic theory</subject><subject>Economics</subject><subject>Economics and Finance</subject><subject>Education</subject><subject>Employment</subject><subject>Employment training programs</subject><subject>Estimation</subject><subject>International Economics</subject><subject>Investment</subject><subject>Labor economics</subject><subject>Macroeconomics/Monetary Economics//Financial Economics</subject><subject>Microeconomics</subject><subject>Monte Carlo method</subject><subject>Monte Carlo simulation</subject><subject>Probability</subject><subject>Public Finance</subject><subject>Rate of 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on Investment from Training Programs and Intensive Services</title><author>Fleissig, Adrian R.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c524t-3185d84b5eb03a7d9afa76faa7445d684522ba0189df1a6451a7beafd1fa59393</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2014</creationdate><topic>Analysis</topic><topic>California</topic><topic>Careers</topic><topic>Costs</topic><topic>Economic policy</topic><topic>Economic statistics</topic><topic>Economic theory</topic><topic>Economics</topic><topic>Economics and Finance</topic><topic>Education</topic><topic>Employment</topic><topic>Employment training programs</topic><topic>Estimation</topic><topic>International Economics</topic><topic>Investment</topic><topic>Labor economics</topic><topic>Macroeconomics/Monetary Economics//Financial Economics</topic><topic>Microeconomics</topic><topic>Monte Carlo method</topic><topic>Monte Carlo simulation</topic><topic>Probability</topic><topic>Public Finance</topic><topic>Rate of return</topic><topic>Reporting requirements</topic><topic>Return on investment</topic><topic>Secondary schools</topic><topic>Skills</topic><topic>Studies</topic><topic>Training</topic><topic>U.S.A</topic><topic>Unemployment</topic><topic>Unemployment benefits</topic><topic>Unemployment insurance</topic><topic>Workforce</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Fleissig, Adrian R.</creatorcontrib><collection>CrossRef</collection><collection>Gale Business: Insights</collection><collection>Business Insights: Essentials</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>Global News & ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>PAIS Index</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM 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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.</abstract><cop>Boston</cop><pub>Springer US</pub><doi>10.1007/s11293-013-9394-y</doi><tpages>13</tpages></addata></record> |
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| source | PAIS Index; Business Source Complete; SpringerLink Journals - AutoHoldings |
| subjects | Analysis California Careers Costs Economic policy Economic statistics Economic theory Economics Economics and Finance Education Employment Employment training programs Estimation International Economics Investment Labor economics Macroeconomics/Monetary Economics//Financial Economics Microeconomics Monte Carlo method Monte Carlo simulation Probability Public Finance Rate of return Reporting requirements Return on investment Secondary schools Skills Studies Training U.S.A Unemployment Unemployment benefits Unemployment insurance Workforce |
| title | Return on Investment from Training Programs and Intensive Services |
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