Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/274636 
Year of Publication: 
2023
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 506 [Year:] 2023
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Apprenticeship training programs typically last several years and require substantial investments by training firms, largely due to the associated labor costs for participants and instructors. Nevertheless, apprentices also add significant value in the workplace. One tool to measure the costs and benefits of training for firms is employer surveys, which were first introduced in the 1970s in Germany. Such cost-benefit surveys (CBS) help to better understand a firm's demand for apprentices and to identify market failures. Therefore, CBS are an important tool for designing effective training policies.
Subjects: 
apprenticeship and firm-sponsored training
cost-benefit surveys
return to training investment
human capital
JEL: 
J23
J24
J32
M53
Persistent Identifier of the first edition: 
Document Type: 
Article

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