Labor Markets (LLM) located in Southern Italy. We exploit the variability in disbursements between 2007 and 2013 and …

Markets (LLM) located in Southern Italy. We exploit the variability in disbursements between 2007 and 2013 and estimate the …

wage compression and training incidence in 11 European countries. After controlling for individual factors and country … training, both firm-specific and general. While the finding for firm-specific training is consistent with both competitive and … non-competitive approaches, the result for general training is only consistent with the non-competitive approach. …

in employee training and physical capital differently. We measure financing constraints with an index that combines … effect on investment in training, but substantially reduce investment in physical capital. …

major policy initiatives for upgrading and expanding worker training to bolster productivity and wages: 1) Improve access to … in-demand training through better information, technology, and targeted funding; 2) Strengthen connections between career … and technical education and training and employer needs through competency-based training, career pathways, and improved …

job-related training is driven by the improvement of workers' skills. We analyse the extent to which training and informal … capital theory – that employees who participated in training or informal learning show greater improvement of their skills … of training participation. Nevertheless, both forms of learning are shown to be complementary. This complementarity …

affect employers' decisions to invest in employee training. It combines survey data on investment activities with … this index reduces investment in training as a share of fixed assets by 2.9 to 4.5 percent and investment in training per … employee by 1.8 to 2.5 percent. The paper documents that lower investment in training reduces productivity, and show that firms …

employers' decision to invest in employee training. We combine survey data on investment activities with administrative data on … investment in training as a share of fixed assets by 2.9 to 4.5 percent and investment in training per employee by 1.8 to 2 ….5 percent. We document that lower investment in training reduces productivity, and show that firms facing tighter financing …

We use European Union Labour Force Survey data for the period 2005-2018 to investigate the cyclicality of training in … Europe. Consistent with the view that firms use recessions as times to update skills, we find that training participation is … to be involved in public training programs during recessions, but not for the inactive, who may be affected by liquidity …