Bertoni, Marco; Brunello, Giorgio - In: IZA journal of labor policy 12 (2022) 1, pp. 1-17
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 moderately countercyclical for the employed. Within...