International Journal of Manpower: Volume 14 Issue 2

Key Issues in the Economics of Training

Robert McNabb, Keith Whitfield

Examines the main issues currently confronting economists analysingtraining. Contrasts the human capital and institutional approaches andindicates that both have advantages and…

Workforce Training in the Thatcher Era: Market Forces and Market Failures

Christine Greenhalgh, George Mavrotas

Summarizes changing employment patterns. Documents the risingincidence of vocational training for the economically active adultworkforce, using data from successive Labour Force…

The Market for Training: A Human Capital Approach

Derek Bosworth, Rob Wilson, Abbebe Assefa

Considers the optimal training decisions of firms and individuals,and provides a number of reasons why there may be underinvestment in themarket for training. Reflects on the…

Training, Productivity and Underemployment in Institutional Labour Markets

Clair Brown

Analyses the role of training in forming under‐employment, which isa basic characteristic of an institutional labour market. Compares thebasic assumptions of an institutional…

Training Policy and Economic Theory: A Policy Maker′s Perspective

Judith Marquand

Gives some definitions of training and training policy, beforediscussing how policy is made and its relationship to context, includingstakeholders and the range of policy…

Evaluating Training at the Company Level

Jaap de Koning

Outlines the need for evaluating training at the company level.Notes that there has been little research in this area. Uses data fromsurveys undertaken in The Netherlands to…

Evaluating Employment and Training Programmes: Lessons from the USA

Rebecca A. Maynard

Provides a review of the methodologies used to evaluate variousUS‐implemented employment and training programmes. Considers the role ofexperimental evaluations and finds them to…