Apprenticeship and training in premodern England
This paper re-examines the economics of premodern apprenticeship in England. I present new data showing that a high proportion of apprenticeships in seventeenth century London ended before the term of service was finished. I then propose a new account of how training costs and repayments were distributed over the apprenticeship contract such that neither master or apprentice risked significant loss from early termination. This new account fits with the characteristics of premodern apprenticeship, as well as with what is known about the acquisition of skills in modern and premodern societies.
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- Malcomson, James M. & Maw, James W. & McCormick, Barry, 2003.
"General training by firms, apprentice contracts, and public policy,"
European Economic Review,
Elsevier, vol. 47(2), pages 197-227, April.
- Malcomson, James M. & Maw, James W. & McCormick, Barry, 2000. "General training by firms, apprentice contracts, and public policy," Discussion Paper Series In Economics And Econometrics 0021, Economics Division, School of Social Sciences, University of Southampton.
- James M. Malcomson & James W. Maw & Barry McCormick, 2002. "General Training by Firms, Apprentice Contracts, and Public Policy," CESifo Working Paper Series 696, CESifo Group Munich.
- James Malcomson & James W. Maw, 2002. "General Training by Firms, Apprentice Contracts, and Public Policy," Economics Series Working Papers 86, University of Oxford, Department of Economics.
- Elbaum, Bernard, 1989. "Why Apprenticeship Persisted in Britain But Not in the United States," The Journal of Economic History, Cambridge University Press, vol. 49(02), pages 337-349, June.
- Thrupp, Sylvia L., 1942. "Medieval Gilds Reconsidered," The Journal of Economic History, Cambridge University Press, vol. 2(02), pages 164-173, November.
- Stevens, Margaret, 1994. "A Theoretical Model of On-the-Job Training with Imperfect Competition," Oxford Economic Papers, Oxford University Press, vol. 46(4), pages 537-62, October.
- Grubb, Farley, 2000. "The Statutory Regulation of Colonial Servitude: An Incomplete-Contract Approach," Explorations in Economic History, Elsevier, vol. 37(1), pages 42-75, January.
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