Underinvestment in Employer Training: Is a Mandate to Spend on Training the Answer?
Loading...
No Access Until
Permanent Link(s)
Other Titles
Authors
Abstract
American employers and their workers under invest in employer training. Under investment occurs because training generates externalities, because the tax system is biased against training investments, and because most workers are unable to finance general training because they lack access to loans to finance consumption during periods of heavy investment in training. School based occupational training ameliorates the under investment problem somewhat but it is not a complete answer to the problem. The French approach of requiring firms to spend at least 1.4 percent of their wage bill on continuing training of employees (if they are to avoid paying a tax) holds a good deal of promise but suffers from some critical flaws. These flaws are not basic to the tax offset design, however, so the paper concludes with a description of how a mandate to spend for the United States should be designed.
Journal / Series
Volume & Issue
Description
This paper was presented at the Industrial Relations Research Association Meetings in Anaheim California on January 6, 1993.
Sponsorship
Date Issued
1993-01-01
Publisher
Keywords
French; worker; firm; education; wage; employee; skill; training; school; pay; investment; employer
Location
Effective Date
Expiration Date
Sector
Employer
Union
Union Local
NAICS
Number of Workers
Committee Chair
Committee Co-Chair
Committee Member
Degree Discipline
Degree Name
Degree Level
Related Version
Related DOI
Related To
Related Part
Based on Related Item
Has Other Format(s)
Part of Related Item
Related To
Related Publication(s)
Link(s) to Related Publication(s)
References
Link(s) to Reference(s)
Previously Published As
Government Document
ISBN
ISMN
ISSN
Other Identifiers
Rights
Rights URI
Types
preprint