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...

Europa sieht sich mit einer demographischen Entwicklung konfrontiert, die den Prognosen zufolge die wirtschaftliche Wettbewerbsfähigkeit und den Erhalt der sozialen Standards gefährdet. Vor dem Hintergrund dieser Entwicklung beauftragte die Bundesgeschäftsstelle des AMS Österreich die ÖSB...

We investigate the macroeconomic impact of public expenditure in active labor market policies (ALMPs) and passive labor market policies (PLMPs) on main employment indicators (i.e., unemployment, employment, and labor force participation) for a large and novel panel database of 121 countries (36...

We compare labor market policies, institutions and outcomes for the EU member states, for the period 2000-2005. We document the main differences in Labor Market Policies across EU members, including new member states after 2004. We focus on indicators of policy generosity (expenditures relative...