Bertoni, Marco; Brunello, Giorgio - In: IZA Journal of Labor Policy 12 (2022) 1, pp. 1-17
Europe. Consistent with the view that firms use recessions as times to update skills, we find that training participation is …We use European Union Labour Force Survey data for the period 2005-2018 to investigate the cyclicality of training in … to be involved in public training programs during recessions, but not for the inactive, who may be affected by liquidity …