This paper assesses the potential of "workplace training" with reference to German Apprenticeship. When occupational matching is important, we derive conditions under which firms provide "optimal" training packages. Since the German system broadly meets these conditions, we evaluate the...

This paper assesses the potential of "workplace training" with reference to German Apprenticeship. When occupational matching is important, we derive conditions under which firms provide "optimal" training packages. Since the German system broadly meets these conditions, we evaluate the...

We expand Acemoglu and Pischke's seminal model of training in imperfect labor markets by including the system of collective wage bargaining and the components of firms' training costs. Thus we can adapt their model to institutional changes that occurred since the 1990s. The model and the...

This paper analyzes how apprenticeship training, i.e., work-based secondary education, affects personality traits compared to full-time school-based vocational or general education. Employing an instrumental variable approach that exploits the regional differences in the relative weight of...