00:01
So a justification for job training programs is that they improve worker productivity and suppose you're asked to evaluate whether more job training makes workers more productive.
00:16
However, rather than having data on individual workers, you have access to data on manufacturing firms in ohio.
00:26
In particular, you have information on hours of job training, per worker, a number of non -defective items produced per worker hour.
00:37
Now the first question, carefully state the ceteras parabrous thought experiments underlying this policy question.
00:47
So what you need to know is whether the workers are more productive if they have received more training, cetivis paribus.
00:59
So we need to know whether the workers are more productive if they receive more training.
01:35
Now the second question, does it seem likely that a firm's decision to train its workers will be independent of worker characteristics? and what are some of these measurable and unmeasurable worker characteristics? so a firm decision on training are probably not independent of their workers ' characteristics...