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Politicians typically focus on short-term economic issues; but, a nation’s long-term economic well-being is directly linked to its rate of economic growth. In turn, its growth rate is directly linked to the economically relevant skills of its population. Until recently, however, economists...
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We study talent allocation in an economy where teachers play a crucial role in forming the workforce’s human capital. We define a Roy model with an externality in the occupational choice because teachers’ quantity and quality are essential to workers’ human capital. Then, when individuals...
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India's TVET system, by international standards, is at a very rudimentary level of development. TVET was a relatively … neglected subject in India's educational planning, at least until the beginning of 2007. However, this changed with the 11th … found to be not different than India's. Finally, the paper reviews briefly efforts of the government to expand TVET at …
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