Controlling for training effort at the firm level as well as for firm-specific characteristics we assess the relation between the firm’s productivity level and the age composition of its employees using a matched employer-employee data set for Austria. Our aim is to test whether the...

Youth unemployment has increased in many industrialized countries following the recent global recession. However, this reflects not only the cyclical shock, but also the crucial role of institutions in structuring the transition from school to work. Vocational training, in particular in a dual...