Apprenticeship training and the business cycle

The Returns to Apprenticeship Training

This paper uses recent data from the UK Labour Force Survey to estimate the wage gains that individuals make on average if they complete an apprenticeship programme. The results suggest gains of around 5-7% for men, but no benefit for women. Further analysis extends the results by considering the returns by age group, by qualification obtained, by highest prior qualification and by industrial s...

Business Cycle Features In The Iranian Economy

Training and Effort Dynamics in Apprenticeship∗

A principal specifies time paths of knowledge transfer, effort provision, and task allocation for a cash-constrained apprentice, who is free to walk away at any time. In the optimal contract the apprentice pays for training by working for low or no wages and by working ineffi ciently hard. The apprentice can work on both knowledge-complementary and knowledge-independent tasks. We study how the ...

The Relationship Between ‘Higher Education and Training’ and ‘Business Sophistication’

Economics of education which investigates economic issues related to education - presents a framework which leads to better schedules and policy-making. On the other hand, the concept of competitiveness has drawn increasing attention of both scholars and governors in the past decade. The World Economic Forum (WEF) has published Global Competitiveness Index (GCI) in order to measure national com...

Apprenticeship Training as Preparation for Self· Employment

Many countries in sub-Saharan Africa face severe unemployment problems. These problems are due to high population growth rates and declining economic performance (Charmes, 1990). In Kenya, the population grew at an average rate of four percent annually in the 1970s and started to decline in the 1980s following concerted family planning efforts. By 1991, the annual population growth fell to 3.5%...