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Article: What makes firm-based vocational training schemes successful? The role of commitment
Title | What makes firm-based vocational training schemes successful? The role of commitment |
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Authors | |
Issue Date | 2012 |
Citation | American Economic Journal: Applied Economics, 2012, v. 4, n. 2, p. 36-61 How to Cite? |
Abstract | This paper studies a possible market failure in the firm-based vocational training market: training may be too complex to be specified in a contract so that it is legally enforceable, resulting in the inability of firms to commit to training provision. We present a model of firm provided training and show that training is substantially lower in the no commitment than in the commitment case. Thus, firm-based vocational training schemes are more successful in countries where commitment to training provision is more widespread. |
Persistent Identifier | http://hdl.handle.net/10722/330506 |
ISSN | 2023 Impact Factor: 5.5 2023 SCImago Journal Rankings: 8.933 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Dustmann, Christian | - |
dc.contributor.author | Schönberg, Uta | - |
dc.date.accessioned | 2023-09-05T12:11:17Z | - |
dc.date.available | 2023-09-05T12:11:17Z | - |
dc.date.issued | 2012 | - |
dc.identifier.citation | American Economic Journal: Applied Economics, 2012, v. 4, n. 2, p. 36-61 | - |
dc.identifier.issn | 1945-7782 | - |
dc.identifier.uri | http://hdl.handle.net/10722/330506 | - |
dc.description.abstract | This paper studies a possible market failure in the firm-based vocational training market: training may be too complex to be specified in a contract so that it is legally enforceable, resulting in the inability of firms to commit to training provision. We present a model of firm provided training and show that training is substantially lower in the no commitment than in the commitment case. Thus, firm-based vocational training schemes are more successful in countries where commitment to training provision is more widespread. | - |
dc.language | eng | - |
dc.relation.ispartof | American Economic Journal: Applied Economics | - |
dc.title | What makes firm-based vocational training schemes successful? The role of commitment | - |
dc.type | Article | - |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1257/app.4.2.36 | - |
dc.identifier.scopus | eid_2-s2.0-84866941602 | - |
dc.identifier.volume | 4 | - |
dc.identifier.issue | 2 | - |
dc.identifier.spage | 36 | - |
dc.identifier.epage | 61 | - |
dc.identifier.eissn | 1945-7790 | - |
dc.identifier.isi | WOS:000302788500002 | - |