Seminar Series “Macroeconomics and Labor Markets” on 22 July 2025, IAB & Skype
We are pleased to invite you to the seminar series on “Macroeconomics and Labor Markets“ organized by the Chair of Macroeconomics at the Friedrich-Alexander University Erlangen-Nuremberg, Prof. Merkl, the Chair of Global Governance and International Trade at the Friedrich-Alexander University Erlangen-Nuremberg, Prof. Moser, and the Competence Field Macroeconomics of the Institute for Employment Research (IAB). Researchers of both institutions, as well as national and international guests, present their current work at the intersection of labor- and macroeconomics.
The next seminar will be held on Tuesday, July 22, 12 noon to 1.30 PM (German time).
It will take place in person at the IAB, room Re100 E10 (Regensburger Strasse 100, Nürnberg).
Online participation will be possible via Skype for Business.
Samuel Mühlemann (LMU) will talk about “New Hires’ Informal Training and Turnover” (joint work with Didier Fouarge and Carolin Linckh).
Abstract:
We analyze the relationship between informal on-the-job training and turnover of new hires. To this end, we use unique survey data about different aspects of informal co-worker training and link it to both firm-level and individual-level administrative data. We find that informal training is negatively associated with turnover of new hires six months after entering the firm. However, this relationship becomes smaller and statistically weaker after 12 months. Further heterogeneity analysis reveals a trade-off after one year, as onboarding can, to some extent, contribute to increased retention in firms with a lower wage premium and thereby help to mitigate costly worker turnover in these firms.