In this paper, we examine the efficiency of the sort done by the Swiss lower secondary school tracking system, looking at students’ outcomes in dual vocational education and training (VET)—the most common education type at the upper secondary level in the country. We discuss a simple...

The paper provides an account of innovative financing mechanisms which have been adopted in many national training systems. These mechanisms aim at correcting shortcomings of conventional training finance systems in order to better meet labor market needs, improve both the quality and relevance...