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UNWILLING TO TRAIN?—FIRM RESPONSES TO THE COLOMBIAN APPRENTICESHIP REGULATION
by
Seibold, Arthur
, Caicedo, Santiago
, Espinosa, Miguel
in
Apprentices
/ Apprenticeship
/ Apprenticeships
/ Companies
/ firm responses
/ labor market regulation
/ Quotas
/ Regulation
/ Resource allocation
/ Training
2022
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UNWILLING TO TRAIN?—FIRM RESPONSES TO THE COLOMBIAN APPRENTICESHIP REGULATION
by
Seibold, Arthur
, Caicedo, Santiago
, Espinosa, Miguel
in
Apprentices
/ Apprenticeship
/ Apprenticeships
/ Companies
/ firm responses
/ labor market regulation
/ Quotas
/ Regulation
/ Resource allocation
/ Training
2022
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Do you wish to request the book?
UNWILLING TO TRAIN?—FIRM RESPONSES TO THE COLOMBIAN APPRENTICESHIP REGULATION
by
Seibold, Arthur
, Caicedo, Santiago
, Espinosa, Miguel
in
Apprentices
/ Apprenticeship
/ Apprenticeships
/ Companies
/ firm responses
/ labor market regulation
/ Quotas
/ Regulation
/ Resource allocation
/ Training
2022
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UNWILLING TO TRAIN?—FIRM RESPONSES TO THE COLOMBIAN APPRENTICESHIP REGULATION
Journal Article
UNWILLING TO TRAIN?—FIRM RESPONSES TO THE COLOMBIAN APPRENTICESHIP REGULATION
2022
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Overview
We study firm responses to a large-scale change in apprenticeship regulation in Colombia. The reform requires firms to train, setting apprentice quotas that vary discontinuously in firm size. We document strong heterogeneity in responses across sectors, where firms in sectors with high skill requirements tend to avoid training apprentices, while firms in low-skill sectors seek apprentices. Guided by these reduced-form findings, we structurally estimate firms’ training costs. Especially in high-skill sectors, many firms face large training costs, limiting their willingness to train apprentices. Yet, we find substantial overall benefits of expanding apprenticeship training, in particular when the supply of trained workers increases in general equilibrium. Finally, we show that counterfactual policies taking into account heterogeneity across sectors can deliver similar benefits from training while inducing less distortions in the firm-size distribution and in the allocation of resources across sectors.
Publisher
Wiley,Blackwell Publishing Ltd
Subject
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