Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/177178 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 11374
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
Although there is evidence that apprenticeship training can ease the transition of youth into the labour market and thereby reduce youth unemployment, many policy makers fear that firms will cut their apprenticeship expenditures during economic crises, thus exacerbating the problem of youth unemployment. Using recent panel data of Swiss cantons and dynamic regression models, we examine the relationship between new apprenticeships and the business cycle. The empirical results suggest that economic shocks induce a rather small, pro-cyclical immediate response in the apprenticeship market. However, within a year after the shock, firms compensate for their immediate reaction, with the result that no permanent effect is observable.
Schlagwörter: 
apprenticeship training
VET
education
business cycle
error correction model
JEL: 
E24
E32
I21
J18
J44
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
706.6 kB





Publikationen in EconStor sind urheberrechtlich geschützt.