Examines the main issues currently confronting economists analysing training. Contrasts the human capital and institutional approaches and indicates that both have advantages and disadvantages. Outlines the major methodological issues in the area and concludes that the eradication of bias in...

Examines the link between the institutional structure of the market for training and economic performance. Suggests that the market for training has a major potential for failure and that institutional structures are eeded to mitigate this. Outlines the main structures which have been developed...

An analysis is made of the effect of YTS participation on the subsequent employment and earnings of participants. It uses data from the first cohort of the England and Wales Youth Cohort Studies. These focus on a cohort of young persons who reached the minimum school‐leaving age in 1984 and...

An analysis is made of the effect of YTS participation on the subsequent employment and earnings of participants. It uses data from the first cohort of the England and Wales Youth Cohort Studies. These focus on a cohort of young persons who reached the minimum school-leaving age in 1984 and were...