Introduction: Macroeconomic trends. Poverty profile -- Overview of youth employment and training: Introduction. Youth involvement in the labor market. Youth unemployment and joblessness. Determinants of youth employment outcomes. Incidence of training. Human capital levels and youth labor market...

We analyze the impact of the GermanWeGebAU programs, which are government-subsidized training measures for employed workers over 45 years old. We apply a dynamic matching approach similar to Crépon et al. (2009) and exploit novel information contained in rich German registry data. We focus on...