One common feature of all empirical wage curve studies is the underlying assumption that the unemployment rate is the natural indicator of labor market tightness. However, we observe that in many European countries governments spend remarkable amounts on labor market training programs. As...

This paper studies how training vouchers increase the employment prospects of women with interrupted employment histories. Using the population of female job returners who receive a training voucher to participate in training programs and a randomly selected control group from German...

In an evaluation of a job-training program, the influence of the program on the in-dividual wages is important, because it reflects the program effect on human capital. Esti-mating these effects is complicated because we observe wages only for employed individuals, and employment is itself an...

Training programs for the unemployed typically involve teaching a specific skill to ease the transition into employment. However, in 1997, the Swedish unemployed could choose general/theoretical training through enrollment in one year of full-time studies at the upper secondary school level....

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 that occurred since the 1990s. The model and the...