This paper reviews the existing evidence on workplace training in Europe in different data sources - the CVTS, OECD … product market competition. We ask whether there is a case for under-provision of training in Europe and examine alternative …

while considered as extremely large in the public debate in Europe. The main argument is based on a fundamental property of …. Two sets of implications are then derived: on one hand, mobility costs are high in Europe and transitions between steady …-states has especially strong adverse effects. Jobs endogenously last longer in Europe than in the US, but when they are destroyed …