We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...

This article studies the use and impact of a firm-sponsored training ("Employability-miles") voucher scheme that aims to stimulate employees to develop a more active attitude toward their own employability. Using data from two surveys of the firm's workforce, we find that voucher use is related...

Building on Lazear's skill weights approach, we study the effect of having more or less heterogeneity in the training curriculum on supply of and demand for apprenticeship training. Modernizations of training curricula provide us with a quasi‐experimental setting as these modernizations can be...