It has been argued that vocational education facilitates the school-to-work transition but reduces later adaptability to changing environments. Using the recent international PIAAC data, we confirm such a trade-off over the life-cycle in a difference-in-differences model that compares employment...

Eine aktive Teilnahme an Weiterbildungen begünstigt berufliches Vorankommen und reduziert das Risiko eines Jobverlusts. Erstmals zeigt eine neue RWI-Studie, dass die Dauer der Schul- und Berufsausbildung einen ursächlichen Einfluss darauf hat, wie stark Arbeitnehmer sich später weiterbilden....

Individuals with more years of education generally acquire more training later on in life. Such a relationship may be due to skills learned in early periods increasing returns to educational investments in later periods. This paper addresses the question whether the complementarity between...

This paper presents the results of a randomized controlled trial on the long-term impacts of a youth training program. The empirical analysis estimates labor market impacts six years after the training - including long-term labor market trajectories of young people - and, it is one of the first...

Individuals with more years of education generally acquire more training later on in life. Such a relationship may be due to skills learned in early periods increasing returns to educational investments in later periods. This paper addresses the question whether the complementarity between...