Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. There is a lot of heterogeneity in the types of apprenticeships offered, and there might be an important element of selection in who obtains an apprenticeship, and what type. To...

The aim of this paper is twofold: one, it analyzes the dynamic factor adjustment patterns and performance changes of firms in response to periods of rapid adjustment of capital, labor, production and non-production labor; and, two, it sheds light on the role of firm characteristics on the...