HOW YOUNG WORKERS GET THEIR TRAINING - A SURVEY OF GERMANY VERSUS THEUNITED-STATES

The recent economic literature on the incidence of various forms of po st-secondary on-the-job and off-the-job training in Germany and the Un ited States, as well as on the effects of training on wages, inequalit y, and labor mobility is surveyed. Young workers in Germany receive su bstantially more company-based (apprenticeship) training than United S tates workers. In the United States, high turnover deters firms from i nvesting in general skills while it results in improved job matches. T he received literature consents that key institutional elements requir ed to make the German apprenticeship system work are absent in the Uni ted States.