This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The … estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in … training, but did not do so because of a random event like course cancellation by the provider of training. We find no impact …

This paper analyzes the returns to training that was co-financed by the German voucher program "Bildungsprämie". The … estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in … training, but did not do so because of a random event like course cancellation by the provider of training. We find no impact …

This paper analyses the effect of training participation on employees’ retention in the training company. It for the …, visibility, and credibility of training. Based on an extensive German linked-employer-employee data set with detailed information … on training history (WeLL-ADIAB), we show that training increases employees’ retention. We compare the probability to …

have become priorities for policymakers. Training specifically designed for older workers might help attain these goals …, since it may refresh human capital and reduce the pay-productivity gap. Training older workers might also benefit employers …