The Promise of Public Sector-Sponsored Training Programs
AbstractAs concern about workers' skills has risen, so has interest in the role that government training programs might play in addressing 'America's workforce crisis.' One way to gauge whether increased reliance on these programs will substantially improve the skills of the workforce is to examine the impact of past programs. The evidence from these programs indicates that, although the gains were small, for the most part we got what we paid for. This outcome should not be surprising because investments in training were exceedingly modest compared to the skill deficiencies that policymakers have been trying to address.
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Perspectives.
Volume (Year): 9 (1995)
Issue (Month): 2 (Spring)
Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Laurie J. Bassi, 1983. "The Effect of CETA on the Postprogram Earnings of Participants," Journal of Human Resources, University of Wisconsin Press, vol. 18(4), pages 539-556.
- Robert S. Gay & Michael E. Borus, 1980. "Validating Performance Indicators for Employment and Training Programs," Journal of Human Resources, University of Wisconsin Press, vol. 15(1), pages 29-48.
- Burt S. Barnow, 1987. "The Impact of CETA Programs on Earnings: A Review of the Literature," Journal of Human Resources, University of Wisconsin Press, vol. 22(2), pages 157-193.
- Ashenfelter, Orley C, 1978. "Estimating the Effect of Training Programs on Earnings," The Review of Economics and Statistics, MIT Press, vol. 60(1), pages 47-57, February.
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