So far the literature has found that the effect of macroeconomic fluctuations on training decisions is ambiguous. On … the one hand, the opportunity cost to train is lower during downturns, and thus training should be counter-cyclical. On … training incidence pro-cyclical. Using the Canadian panel of Workplace and Employee Survey (WES) we find that (i) training …

the average probability of receiving training was 9.3 percentage points higher for younger (25-49) compared to older (50 …+) workers. Slightly more than half of that gap is attributed to older workers having a lower propensity to receive training … after controlling for the characteristics that affect training. Their lower propensity to receive training tended to prevail …