This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The … estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in … training, but did not do so because of a random event like course cancellation by the provider of training. We find no impact …

This paper analyzes the returns to training that was co-financed by the German voucher program "Bildungsprämie". The … estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in … training, but did not do so because of a random event like course cancellation by the provider of training. We find no impact …

This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The … estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in … training, but did not do so because of a random event like course cancellation by the provider of training. We find no impact …

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 results follow from different identification approaches, including …

In 2003, Germany moved from a system in which participants in training programs for the unemployed are assigned by … caseworkers to an allocation system using vouchers. Based on the rich administrative data for all vouchers and on actual program … direkten Kurszuweisung durch Sachbearbeitern und Sachbearbeiterinnen zu einem Gutscheinsystem reformiert, bei dem der …

In 2003, Germany moved from a system in which participants in training programs for the unemployed are assigned by … caseworkers to an allocation system using vouchers. Based on the rich administrative data for all vouchers and on actual program …

In 2003, Germany moved from a system in which participants in training programs for the unemployed are assigned by … caseworkers to an allocation system using vouchers. Based on the rich administrative data for all vouchers and on actual program …

Individuals with more years of education generally acquire more training later on in life. Such a relationship may be … addresses the question whether the complementarity between education and training is causal. The identification is based on … confirm that education has a significant impact on training participation during working life. …