Brunello, Giorgio; Gereben, Áron; Weiss, Christoph; … - 2020
affect employers' decisions to invest in employee training. It combines survey data on investment activities with … this index reduces investment in training as a share of fixed assets by 2.9 to 4.5 percent and investment in training per … employee by 1.8 to 2.5 percent. The paper documents that lower investment in training reduces productivity, and show that firms …