The participation of older workers in the German labour force has increased in the recent decade mainly due to institutional and policy developments. This raises the importance of maintaining the skill level of older workers through further training as a mean to strengthen their contribution to...

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...