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...

In den letzten Jahren ist ein Strukturwandel des Beschäftigungssystems festzusstellen, der sich in verschiedenen Bereichen zeigt. Berufliche Bildung hat im Zuge dieser Veränderungen eine zweifache Funktion: Erstens müssen die Arbeitnehmenden ausreichend und effektiv auf die Anforderungen im...

We expand Acemoglu and Pischke's seminal model of training in imperfect labor markets by including the system of collective wage bargaining and the components of firms' training costs. Thus we can adapt their model to institutional changes that occurred since the 1990s. The model and the...

Temporary work agencies use training as a recruitment and retention argument when qualified labor is scarce. However, short job assignments present a major obstacle for employers and employees to increase investment in training. As temporary agency workers are mainly low-qualified and often...