Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/333729 
Year of Publication: 
2025
Series/Report no.: 
CESifo Working Paper No. 12183
Publisher: 
Munich Society for the Promotion of Economic Research - CESifo GmbH, Munich
Abstract: 
Firm training is key to meeting changing skill demands, yet little is known about the role of workers' beliefs in shaping training participation. In a survey of 3,701 workers in Germany, we document that they expect substantial returns to firm training – both in terms of earnings and non-pecuniary outcomes such as promotion chances, job task complexity, or enjoyment. These beliefs predict actual and intended training participation. Lower-skilled workers anticipate smaller non-pecuniary returns, partly explaining their lower uptake. An information treatment addressing return beliefs significantly increases training intentions among lower-skilled workers, suggesting that targeting beliefs may help narrow participation gaps between lower- and higher-skilled workers.
Subjects: 
beliefs
firm training
skill mismatch
human capital
survey
JEL: 
J24
J31
D83
I21
Document Type: 
Working Paper
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