Article Gold Open Access 2022

Training during recessions: Recent European evidence

BM
Bertoni, Marco
 BG
Brunello, Giorgio
IZA Journal of Labor Policy
Journal · Vol. 12 · Issue 1 · Art. 07
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. © 2022 Marco Bertoni et al., published by Sciendo.

Keywords

Author Keywords

Training Europe recessions

Index Keywords

Author Affiliations
Università degli Studi di Padova, Padua, PD, Italy
Funding & Acknowledgements
European Commission, EC
We acknowledge funding by the European Commission (EENEE project “Human capital during recessions”).
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