German firms have increasing difficulties in filling apprentice positions. I study how firms adjust their personnel policies when they face unfilled apprentice positions. Using the IAB Establishment Panel (2008-2014) and applying fixed effects panel estimations, I find that small firms react by...

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...

Hungarian legislation provides firms with financial incentives to train apprentices from vocational training schools. In line with these incentives, it is observed that firms increasingly train apprentices over the period 2003-2011, in particular, in the sectors manufacturing, construction,...