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Government-subsidized training: a plan for prosperity?

Author

Listed:
  • Charles T. Carlstrom
  • Christy D. Rollow

Abstract

Many analysts believe that the United States should subsidize training to increase its workers' skills because employers don't provide enough. This Commentary asks whether the present level of training is truly insufficient, or whether firms' incentives may already be in synch with the social costs and benefits of training.

Suggested Citation

  • Charles T. Carlstrom & Christy D. Rollow, 1998. "Government-subsidized training: a plan for prosperity?," Economic Commentary, Federal Reserve Bank of Cleveland, issue May.
  • Handle: RePEc:fip:fedcec:y:1998:i:may15
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    Keywords

    Employees; Training of;

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