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Thurow's job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more...
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productivity. The productivity of small and medium-sized enterprises (SMEs) is enhanced by a higher level of skills and education …
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growth. Each of these results are consistent with wage compression that skills acquired through training and learning …
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Workforce development financing has changed significantly over the last 25 years. In 2008, federal funding for the traditional workforce development system was 83 percent lower in real terms than it had been in 1980. As the federal system plays a smaller role in workforce development financing,...
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Der vorliegende Beitrag untersucht die Auswirkungen der Neuen Ökonomie auf den deutschen Arbeitsmarkt. Neue Berufsfelder weisen nach dieser Untersuchung eine große und zunehmende Bedeutung auf. Gekennzeichnet ist diese Entwicklung durch verstärkte Humankapital- und Flexibilitätsanforderungen...
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with the country’s deficit in intermediate skills. In addition to raising skill levels, there has been a further aim of … many years to apprentice training, far too few young people benefit and not enough high value skills have been developed …. The coalition government should develop a simpler model that prioritises high skills and directs public funds for …
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