the probability that firms pay for continuous training. About half of all firms in the estimation sample cover all direct … and indirect training costs, which contradicts the standard human capital approach with perfect labor markets. The main … compression are indeed more likely to cover all direct and indirect training costs, which is consistent with theoretical …

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 … of apprenticeship training by changing training procedures towards more training at the work place and thus by decreasing …

This paper investigates the determinants of firm-sponsored training which result from the Acemoglu-Pischke model (APM …) empirically using German firm-level data on apprenticeship training. Acemoglu and Pischke (1999a, 1999b) demonstrate that wage … compression may encourage employers to offer and pay for general training and identify mobility costs, asymmetric information …

This paper explores whether investments in information and communication technologies (ICT) and firm-sponsored training …-98. Results for a system of interrelated factor demands indicate that training complements ICT but not other capital goods. SYS …-GMM estimates of production functions reveal that ICT capital is most productive if complemented by training measures in skill …

Wage and productivity effects of training are compared to study how the training rent is shared between employers and … employees. With panel data from 1996-2002, I analyse the impact of continuing training on wages and productivity in a Cobb …. Results suggest that the training rent is shared between employer and employee due to a positive effect of continuing training …

We analyze the short-run impact of the introduction of the new statutory minimum wage in Germany on further training at … reduction in the training incidence but a slight reduction in the intensity of training at treated establishments. Effect … heterogeneities reveal that the negative impact is mostly driven by employer-financed training. On the worker level, we observe a …

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 … of apprenticeship training by changing training procedures towards more training at the work place and thus by decreasing …