skills, human capital accumulation, on-the-job training and capital-skill complementarity. We use an endogenous job …, a larger share of unskilled workers seeks training, increasing firms’ incentives to update job-specific technology … unemployment for individuals receiving training, while it increases the unemployment rate of unskilled workers without training …

agents in terms of skills. We allow for the possibility of training for unskilled employed workers and for the possibility of …

We evaluate the impact of both on-the-job and out-of-employment training on the mobilities on the labour market. Using … a French survey that provides work and training participation histories over a five-year period, we estimate a multi … to take participation in programmes and their duration as endogenous. We allow training to have an impact up to 12 months …