of apprenticeship training by changing training procedures towards more training at the work place and thus by decreasing …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 …

Although there is evidence that apprenticeship training can ease the transition of youth into the labour market and … thereby reduce youth unemployment, many policy makers fear that firms will cut their apprenticeship expenditures during … that economic shocks induce a rather small, pro-cyclical immediate response in the apprenticeship market. However, within a …

The latest study investigating the cost-benefit ratio of apprenticeship training for Swiss companies has shown that … most apprentices offset the cost of their training during their apprenticeship on the basis of the productive contribution …. Maximum likelihood selection models were used to estimate the net cost of training for firms without an apprenticeship …

important implications for the economic theory of training, as most recent models assume monopsonistic pay-setting for skilled …

. These findings have potentially important implications for the economic theory of training, as most recent models assume …

. These findings have potentially important implications for the economic theory of training, as most recent models assume …-sponsored training …

In periods of accelerating technological change, incumbent workers must continuously update their skills to remain …-to-date skills. We investigate how incumbent workers' careers respond to the increasing labor supply of graduates with more … technologically advanced IT skills during a period of accelerating technological change. We identify a supply shock of more …