There is both a theoretical and a policy interest in knowing the determinants of who receives training. This paper first surveys the conclusions of existing British studies then uses data from the 1987 General Household Survey to examine the different determinants of training amongst male and...

The objective of this paper is to investigate the relation between error correction and forward looking models for the U.K. consumers' expenditure on nondurable goods and services. The author establishes conditions under which the error correction model cannot be considered a reduced form of a...