So far the literature has found that the effect of macroeconomic fluctuations on training decisions is ambiguous. On … the one hand, the opportunity cost to train is lower during downturns, and thus training should be counter-cyclical. On … training incidence pro-cyclical. Using the Canadian panel of Workplace and Employee Survey (WES) we find that (i) training …

We use a search and matching model to investigate the economic relationship between training and local economic … between local knowledge spillovers and training generates a positive correlation with local density; on the other hand, the … negative influence of higher wages in denser areas reduces training. Overall the relationship can be either positive or …

This paper presents the results of a randomized experiment analyzing the use of vouchers for adult training. In 2006, 2 …,400 people were issued with a training voucher which they were entitled to use in payment for a training course of their choice … impact on participation in training modules. Nevertheless, the increase was partially offset by a deadweight loss in excess …

Market imperfections may cause firms and workers to under-invest in specific training. This paper shows that profit … sharing may be a suitable instrument to enhance specific training investments, either by enhancing wage flexibility or by … increasing the returns to training. As a result, profit sharing not only increases productivity by means of an effort effect, but …

We use British household panel data to explore the wage returns to training incidence and intensity (duration) for 6924 … employees. We find these returns differ greatly depending on the nature of the training (general or specific); who funds the … training (employee or employer); and the skill levels of the recipient (white or blue collar). Using decomposition analysis, we …

workers who participated in firm-specific training in their early careers retire earlier than workers with a general training … background. This indicates that shared investments in firm-specific training are embedded in implicit contracts that induce early …

We use important new training information from waves 8-10 of the British Household Panel Survey to document the various … forms of work-related training received by men and women over the period 1998-2000, and to estimate their impact on wages …. We initially present descriptive information about training: we find that most work-related training is viewed by its …

This paper considers the impact of education and training on both individual and co-worker pay and establishment … Questionnaire. This enables us to assess the impact of workplace education and training using both subjective (managers’ assessments …) and objective data on productivity, profits and establishment survival. We establish that workplace education and training …

In this paper, we analyze the transition to the labour market of participants in vocational training in Madeira Island … the completion of the training program) depends on relevant variables, such as age, gender, education and the content and … duration of the training. In a second stage, we use the individuals’ self-assessment regarding the effectiveness of the …

We develop a theoretical and empirical analysis of the impact of barriers to entry on workplace training. Our … deregulation reduces profits per unit of output, and thereby reduces training. On the other hand, the number of firms increases …, and so does the output gain from training, which facilitates the investment in training. Our numerical simulation shows …