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The labor market position of older workers is cause for concern in many industrialized countries. Rapid population aging is challenging pension systems. The recent economic crisis has forced many older adults out of the workforce, into either pre-retirement or non-employment. Encouraging people...
Persistent link: https://www.econbiz.de/10011429962
This paper surveys the emerging economics literature on the relationship between employee training and firm performance. Most studies find very high returns to training, at least from the perspective of firms, indicating that the costs of training can be recouped in short periods of time. These...
Persistent link: https://www.econbiz.de/10012815729
unemployment as well as across different subgroups of participants. We find that participating in short-term training reduces the … remaining time in unemployment and moderately increases job stability. Long-term training programs initially prolong the … remaining time in unemployment, but once the scheduled program end is reached participants exit to employment at a much faster …
Persistent link: https://www.econbiz.de/10013105144
unemployment as well as across different subgroups of participants. We find that participating in short-term training reduces the … remaining time in unemployment and moderately increases job stability. Long-term training programs initially prolong the … remaining time in unemployment, but once the scheduled program end is reached participants exit to employment at a much faster …
Persistent link: https://www.econbiz.de/10013106476
both unemployment and employment duration. Our analysis uses a rich administrative longitudinal data set for Germany where … can be an effective tool to reduce unemployment in the long run, in particular if participation occurs early during … unemployment. Long-term training schemes increase the average duration of employment spells more strongly than short-term training …
Persistent link: https://www.econbiz.de/10013153023
Persistent link: https://www.econbiz.de/10013162481
In this paper, I quantify the contribution of occupation-specific shocks and skills to unemployment duration and its … the period 1995-2013, the model captures 69.5% of long-term unemployment in the data, while a uniform finding rate … delivers only 47.2%. In the Great Recession, the model predicts 72.9% of the long-term unemployment that existed in the data …
Persistent link: https://www.econbiz.de/10012903758
Why do more educated workers experience lower unemployment rates and lower employment volatility? A closer look at the …-specific human capital reduce the outside option of workers, implying less incentives to separate. The model generates unemployment …
Persistent link: https://www.econbiz.de/10013059450
Why do more educated workers experience lower unemployment rates and lower employment volatility? A closer look at the …-specific human capital reduce the outside option of workers, implying less incentives to separate. The model generates unemployment …
Persistent link: https://www.econbiz.de/10014121056
Persistent link: https://www.econbiz.de/10003965223