We study a market with entrepreneurial and workers entry where both entrepreneurs' abilities and workers' qualities are private information. We develop an Agent-Based Computable model to mimic the mechanisms described in a previous analytical model (Boadway and Sato 2011). Then, we introduce the...

This study aims at disentangling the returns to formal, non-formal and informal training and fills key knowledge gaps. Informal learning is found to be by far the most common form of job-related learning at work. Learning informally at work is found to be associated with 3.5% higher wages, on...

Looking at secondary schools, this paper analyses work-based learning (WBL) as an element of both general education and vocational programmes. The workplace is a powerful learning environment where technical skills can be learnt from expert practitioners using real-life equipment, while also...

Wie leistungsfähig sind die Bildungssysteme in Argentinien, Brasilien, Chile, China, -gypten, Indien, Indonesien, Sri Lanka, Thailand, Jordanien, Malaysia, Paraguay, Philippinen, Uruguay, Russische Föderation und Simbabwe im Vergleich zu den 29 OECD-Ländern? Die Weiterbildungsindikatoren, an...

We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial...