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Training during recessions: recent European evidence
[journal article]
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 n... view more
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.... view less
Keywords
Europe; training (sports); recession; advanced vocational education; unemployed person; employee
Classification
Labor Market Research
Free Keywords
EU-LFS 2005-2018
Document language
English
Publication Year
2022
Page/Pages
p. 1-17
Journal
IZA Journal of Labor Policy, 12 (2022) 2
DOI
https://doi.org/10.2478/izajolp-2022-0007
ISSN
2193-9004
Status
Published Version; peer reviewed