school to the labor market. Limited skills relative to the demands of employers also play a role. This paper proposes three … major policy initiatives for upgrading and expanding worker training to bolster productivity and wages: 1) Improve access to … in-demand training through better information, technology, and targeted funding; 2) Strengthen connections between career …

Economists once believed firms do not pay to develop occupational skills that workers could use in other, often … competing, firms. Researchers now recognize that most firms benefit from investing in apprenticeship training. Evidence … their investment pay off only after accounting for reduced turnover, recruitment, and initial training costs. Generally, the …

with demand for broader skill sets, and the firm characteristics that are related to particular skills and different … combinations of skills. We use a unique matched database of firm-level data and online job vacancy data for a developing economy … requirements across firms within the same occupations. Additionally, we show that firms demanding diverse skills differ from their …