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Market Failure in Training?

New Economic Analysis and Evidence on Training of Adult Employees

  • Conference proceedings
  • © 1991

Overview

Editors:
  1. David Stern

    1. School of Education, University of California, Berkeley, Berkeley, USA

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  2. Jozef M. M. Ritzen

    1. Minister of Education and Science, Government of the Netherlands, LZ Zoetermeer, The Netherlands

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    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Studies in Contemporary Economics (CONTEMPORARY)

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Table of contents (9 papers)

  1. Front Matter

    Pages I-VII
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  2. Introduction and Overview

    • Jozef M. M. Ritzen, David Stern
    Pages 1-14

  3. Job Training: Costs, Returns, and Wage Profiles

    • Jacob Mincer
    Pages 15-39

  4. Firm Financed Education and Specific Human Capital: A Test of the Insurance Hypothesis

    • Michael J. Feuer, Henry A. Glick, Anand Desai
    Pages 41-59

  5. On-The-Job Training of New Hires

    • John H. Bishop
    Pages 61-98

  6. Employee Training Programs in U.S. Businesses

    • Ann P. Bartel
    Pages 99-134

  7. Firms’ Propensity to Train

    • David Stern, Charles S. Benson
    Pages 135-151

  8. Training and Employment Relations in Japanese Firms

    • Masanori Hashimoto
    Pages 153-183

  9. Market Failure for General Training and Remedies

    • Jozef M. M. Ritzen
    Pages 185-213

  10. Nonmarket Failure in Government Training Programs

    • W. Lee Hansen
    Pages 215-233

  11. Back Matter

    Pages 235-235
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Keywords

About this book

The papers in this volume were fIrst presented at a symposium on "An Expanded Public Role in Job Training? The Issue of Market Failure in the Provision of Training. " The symposium took place in May, 1989. It was sponsored by the LaFollette Institute of Public Affairs at the University of Wisconsin, Madison. JozefRitzen, then in Madison on leave from Erasmus University in the Netherlands, organized the symposium. Subsequently he became Minister of Education and Science for the Netherlands. He asked David Stern to fInish the work of editing the papers for publication. All the papers have been revised in light of comments by discussants at the symposium, as well as subsequent comments by the editors and outside reviewers. INTRODucrroN AND OVERVIEW Jozef M. M. Ritzen Erasmus University Rotterdam Minister of Education and Science The Netherlands David Stem School of Education University of California, Berkeley Two factors are contributing to an increased interest in the training of adult employees. First, there is the present high rate of change in the technologies embodied in products and in production processes. This enhances the negative effect of the undersupply of training on economic growth. Higher levels of training would provide a more fertile environment for technological change. The second factor is the aging of the population.

Editors and Affiliations

  • School of Education, University of California, Berkeley, Berkeley, USA

    David Stern

  • Minister of Education and Science, Government of the Netherlands, LZ Zoetermeer, The Netherlands

    Jozef M. M. Ritzen

Bibliographic Information

  • Book Title: Market Failure in Training?

  • Book Subtitle: New Economic Analysis and Evidence on Training of Adult Employees

  • Editors: David Stern, Jozef M. M. Ritzen

  • Series Title: Studies in Contemporary Economics

  • DOI: https://doi.org/10.1007/978-3-642-76986-3

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1991

  • Softcover ISBN: 978-3-540-54622-1Published: 04 December 1991

  • eBook ISBN: 978-3-642-76986-3Published: 06 December 2012

  • Series ISSN: 1431-8806

  • Edition Number: 1

  • Number of Pages: VII, 233

  • Topics: Population Economics, R & D/Technology Policy, Organization

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