What makes firm-based vocational training schemes successful?

Beschreibung

"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." (Author's abstract, IAB-Doku) ((en))

Zitationshinweis

Dustmann, Christian & Uta Schönberg (2012): What makes firm-based vocational training schemes successful? The role of commitment. In: American Economic Journal. Applied Economics, Jg. 4, H. 2, S. 36-61. DOI:10.1257/app.4.2.36