Summary The decision to revise an educational choice has hardly been analyzed in previous research. Dropping out is only one possible choice, and we distinguish between dropping out (leaving the apprenticeship system) and changing or upgrading (staying within the apprenticeship system) as three...

We use a long panel data set for four entry cohorts into an internal labor market to analyze the effect of age on the probability to participate in different training measures. We find that training participation probabilities are inverted u-shaped with age and that longer training measures are...

We evaluate the effects of employer-provided formal training on employee suggestions for productivity improvements and on promotions among male blue-collar workers. More than twenty years of personnel data of four entry cohorts in a German company allow us to address issues such as unobserved...

Unbestritten kommt der Ausstattung und Qualität des Humankapitals eine immer größere Rolle für die Wettbewerbsfähigkeit eines Landes oder eines einzelnen Unternehmens zu. Dabei kann der Bestand an Humankapital zwar sowohl auf private als auch auf betriebliche oder staatliche...

Evidence suggests that acquiring human capital is related to better life outcomes, yet young peoples’ decisions to invest in or stop acquiring human capital are still poorly understood. We investigate the role of time and reference-dependent preferences in such decisions. Using a data set that...