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The latest study investigating the cost-benefit ratio of apprenticeship training for Swiss companies has shown that most apprentices offset the cost of their training during their apprenticeship on the basis of the productive contribution of the work they perform. Given this outcome, it is worth...
Persistent link: https://www.econbiz.de/10005822812
net costs of training apprentices are substantial in Germany, whereas apprenticeship training is on average profitable … during the training period for firms in Switzerland, even though the two training systems are rather similar. This paper … between the two countries can be explained by a higher share of productive tasks allocated to apprentices in Switzerland and …
Persistent link: https://www.econbiz.de/10005822484
The number of university students participating in exchange programs has risen sharply over the last decade, but a survey of Swiss university graduates (class of 1999 and 2001) shows that participation in student exchange programs significantly prolongs the period of time spent studying at...
Persistent link: https://www.econbiz.de/10005822608
Different models of protection against labor market risks are associated with diverging models of economic performance. Historically established institutional complementarities between labor market regulation, unemployment protection, and vocational training tend to mirror specific national...
Persistent link: https://www.econbiz.de/10005004566
Labour economists typically assume that pay differences between occupations can be explained with variations in productivity. The empirical evidence on the validity of this assumption is surprisingly thin and subject to various potential biases. The authors use matched employer-employee panel...
Persistent link: https://www.econbiz.de/10009293741
The apprenticeship system is the most important source of formal post-secondary training in Germany. Our paper …
Persistent link: https://www.econbiz.de/10005761785
There is a considerable empirical literature which compares wage levels of workers who have studied at secondary vocational schools with wages of workers who took academic schooling. In general, vocational education does not lead to higher wages. However, in some countries where labor markets...
Persistent link: https://www.econbiz.de/10005761793
We compare the returns to education (RTE) for entrepreneurs and employees, based on 19 waves of the NLSY database. By using instrumental variable techniques (IV) and taking account of selectivity, we find that the RTE are significantly higher for entrepreneurs than for employees (18.3 percent...
Persistent link: https://www.econbiz.de/10005761836
How valuable is education for entrepreneurs' performance as compared to employees'? What might explain any differences? And does education affect peoples' occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that education...
Persistent link: https://www.econbiz.de/10008558947
Personnel records are used to examine compensation, recruitment, and retention of a group of very highly skilled workers: civilian scientists and engineers in U.S. Department of Defense laboratories. In contrast to the private sector, returns to skills were largely flat for this group from...
Persistent link: https://www.econbiz.de/10005822730