Should Firms Be Required To Pay For Vocational Training
Datos Bibliográficos
| ID | 9705749 |
|---|---|
| Autores | Margaret Stevens (Nuffield College, Oxford, autor de correspondencia) |
| Año | 2001 |
| Volumen | 111 |
| Número | 473 |
| Páginas | 485-505 |
| Fecha de publicación | 2001-07-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Economic Journal (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editorial | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/1468-0297.00647 |
| OpenAlex | W2161788379 |
| Idioma | EN |
| Citas recibidas | 4 |
| Referencias citadas | 7 |
This paper constructs a model of a training market affected by both problems, and examines the rationale for training levy schemes, intended to make firms increase investment in vocational training. It is shown that regulating firms, or equivalently financing a subsidy through taxation of profits, can achieve a Pareto improvement irrespective of the cause of the under-investment. However, when the levy is assessed as a proportion of wages the effect is to address capital market imperfections only
Business · Capital market · Capital market imperfections · Economic growth · Economics · Investment (military · Labour economics · Market economy · Market failure · Microeconomics · Operations management · Pareto principle · Subsidy · Training (meteorology · Vocational education · Economic Growth and Productivity · Finance · Labor market dynamics and wage inequality · Politics, Economics, and Education Policy
| Obras citantes distintas | 4 |
|---|---|
| Citas por año | 0,25 |
| Intervalo de citas | 2010 - 2022 (13) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 4 |