A firm's decision to engage in apprenticeship training is to a large extent determined by the cost-benefit ratio of …-functioning apprenticeship training system, a large share of training firms can recoup their training investments by the end of the training … apprenticeship training system, their impact on the cost-benefit ratio of training for firms needs to be assessed ex ante as well as …

Although there is evidence that apprenticeship training can ease the transition of youth into the labour market and … thereby alleviate youth unemployment, many policymakers fear that firms will reduce the number of apprenticeship positions … empirical results suggest that economic shocks induce a pro-cyclical, moderate response in the apprenticeship market, both …