This article describes the fundamentals of contract drafting. It begins by discussing the basic elements of a curriculum and then reviews elements of the foundation of contract drafting. Among the other topics covered are the following:* The deal lawyer's analytical skill known as the...

Context: Two major challenges in professional and vocational education (VET) are low levels of relevance and coherence between the content of the educational program and developing competence in working life. This article is based on an action research project, conducted as a series of...

Does better access to skilled workers reduce firms' willingness to provide general skills training to unskilled workers? We analyze how the gradual opening of the Swiss labor market to workers from the European Union affected the number of apprenticeship positions that firms provide. We exploit...

Context: International scholarship and policy tend to depict national structures governing Vocational Education and Training (VET) as uniform and devoid of internal differences. This macro perspective neglects the numerous processes at the meso and micro level that shape the structure and...

Long run labor market trends in the American economy pose significant challenges. The employment-to-population ratio has steadily fallen. Growth in real money wages has been slow, with the most rapid gains taking place among workers at the top of the earnings distribution. One source of these...

Context: In this paper, we review and discuss the piloting in Norway of a German methodology for competence diagnostics in vocational education and training: the Competence Development and Assessment in TVET (COMET) project. Our overarching theme is determining to what extent such large-scale...

This paper provides more insight into the relevance of the assumption of human capital theory that the productivity of job-related training is driven by the improvement of workers' skills. We analyse the extent to which training and informal learning on the job are related to employee skill...