Analyses the characteristics of qualifications and evaluates their impact on the functioning of the labour market.

Failure in the training market may result from credit constraints and the inability to insure against labour income uncertainty, deterring potential trainees, or labour market imperfections that create external benefits for firms. This paper constructs a model of a training market affected by...

Outlines initiatives that employers and employers' organizations can take to stimulate youth employment. Describes measures in the areas of: creating a positive environment for job creation; enhancing employability; promoting youth entrepreneurship; and promoting equality at work for young women...