Breaking Out of the Low-Skill Equilibrium.

Finegold, David

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Peer reviewed

ERIC Number: EJ477455

Record Type: Journal

Publication Date: 1993

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: ISSN-0964-5292

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Breaking Out of the Low-Skill Equilibrium.

Finegold, David

Education Economics, v1 n1 p77-83 1993

Reasons underlying a low demand for vocational skills in United Kingdom industry, relative to major competitors, are investigated. Low demand leads to a low supply of skilled labor, since the rates of return to vocational training are unattractive to potential trainees. Suggestions for reform are made. (Author)

Descriptors: Cost Effectiveness, Elementary Secondary Education, Foreign Countries, Job Skills, Labor Market, Labor Supply, Skilled Occupations, Skilled Workers, Supply and Demand, Training Methods, Vocational Education, Youth Employment

Publication Type: Reports - Research; Opinion Papers; Journal Articles

Education Level: N/A

Audience: N/A

Language: English

Sponsor: N/A

Authoring Institution: N/A

Identifiers - Location: United Kingdom

Grant or Contract Numbers: N/A

Author Affiliations: N/A