Participation in continuing vocational training is often found to be associated with considerable individual benefits such as a wage increase or a reduction in unemployment. But why then do some participate and others don't? In our paper we argue that it is important to take selection effects...

In a recent paper Lazear (2004) proposed the so called skill-weights view of firm-specific human capital. According to his theory all single skills are general but each firm may require a different combination of these single skills. The purpose of our paper is to test Lazear's model using a...