Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/298777 
Year of Publication: 
2022
Citation: 
[Journal:] IZA Journal of Labor Policy [ISSN:] 2193-9004 [Volume:] 12 [Issue:] 1 [Article No.:] 7 [Year:] 2022 [Pages:] 1-17
Publisher: 
Sciendo, Warsaw
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.
Subjects: 
training
recessions
Europe
JEL: 
J24
E32
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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