Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/182019
Authors: 
Dietz, Daniel
Zwick, Thomas
Year of Publication: 
2018
Series/Report no.: 
ZEW Discussion Papers 18-037
Abstract: 
This paper analyses the effect of the economic crisis in 2008 and 2009 on individual training activities of different employee groups within establishments. We use a unique German linked employer-employee panel data set with detailed information on individual training history (WeLL-ADIAB). The so-called Great Recession can be seen as an exogenous, unexpected, and time-limited shock. Therefore, our quasi-experimental setting using Diff-in-Diff analyses reveals the causal impact of the crisis on the training participation and the number of training measures. We find a direct negative effect of the crisis on individual training activities in 2009 and 2010. The negative effect therefore sets in with a time lag and lasts until after the recession. Furthermore, the recession effect is stronger for employees in unskilled jobs than for employees in skilled jobs.
Subjects: 
Training
Financial Crisis
Linked Employer Employee Data Set
JEL: 
M53
O16
Document Type: 
Working Paper
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