This study analyses the effects of public-sector-sponsored continuous vocational training\nand retraining in East Germany after unification with West Germany in 1990. It presents\neconometric estimates of the average gains from training participation in terms of\nemployment probabilities, earnings, and career prospects after the completion of training\nusing a matching approach. The data is from the German Socio-Economic Panel (GSOEP,\n1990-1996). The GSOEP allows the researcher to observe individual behavior on a monthly\nor on a yearly basis. The results suggest that despite large public expenditures there are no\npositive effects in the first years after training.
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