<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>We use European Union Labour Force Survey data for the period 2005–2018 to investigate the cyclicality of training in Europe. Consistent with the view that firms use recessions as times to update skills, we find that training participation is moderately countercyclical for the employed. Within the not-employed group, this is true also for the unemployed, who are likely to be involved in public training programs during recessions, but not for the inactive, who may be affected by liquidity constraints.</p>
</abstract>

We use European Union Labour Force Survey data for the period 2005–2018 to investigate the cyclicality of training in Europe. Consistent with the view that firms use recessions as times to update skills, we find that training participation is moderately countercyclical for the employed. Within the not-employed group, this is true also for the unemployed, who are likely to be involved in public training programs during recessions, but not for the inactive, who may be affected by liquidity constraints.

Training during recessions: recent European evidence

IZA Journal of Labor Policy

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Training during recessions: recent European evidence"}

We use European Union Labour Force Survey data for the period 2005–2018 to investigate the cyclicality of training in Europe. Consistent with the view that...

Training during recessions: recent European evidence

Online veröffentlicht: 14. Sept. 2022

Seitenbereich: -

Akzeptiert: 17. Juli 2022

DOI: https://doi.org/10.2478/izajolp-2022-0007

Schlüsselwörter
training, recessions, Europe

© 2022 Marco Bertoni et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Training during recessions: recent European evidence

Online veröffentlicht: 14. Sept. 2022

Seitenbereich: -

Akzeptiert: 17. Juli 2022

DOI: https://doi.org/10.2478/izajolp-2022-0007

Schlüsselwörtertraining, recessions, Europe

© 2022 Marco Bertoni et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Schlüsselwörter
training, recessions, Europe