Die Gesellschaft Deutschlands befindet sich nicht zuletzt aufgrund des technologischen Wandels, einer stetig zunehmenden Internationalisierung und demographischer Veränderungen bereits seit den siebziger Jahren auf dem Weg in eine wissensbasierte Dienstleistungsgesellschaft. Zu diesem Wandel,...

Individuals with more years of education generally acquire more training later on in life. Such a relationship may be due to skills learned in early periods increasing returns to educational investments in later periods. This paper addresses the question whether the complementarity between...

Individuals with more years of education generally acquire more training later on in life. Such a relationship may be due to skills learned in early periods increasing returns to educational investments in later periods. This paper addresses the question whether the complementarity between...

This paper surveys the emerging economics literature on the relationship between employee training and firm performance. Most studies find very high returns to training, at least from the perspective of firms, indicating that the costs of training can be recouped in short periods of time. These...