Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training. In the absence of training funds, larger, high-wage and more capital intensive firms are the most likely to offer training unless they are...

Many developing countries have tried to increase firm provision of training by providing subsidies funded by taxes proportional to the firm’s wage bill. These training funds, however,may backfire if the adverse effect of the tax on training incentives outweighs the positive effects of the...

Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training. In the absence of training funds, larger, high-wage and more capital intensive firms are the most likely to offer training unless they are...

Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training. In the absence of training funds, larger, high-wage and more capital-intensive firms are the most likely to offer training unless they are...

Many developing countries have tried to increase firm provision of training by providing subsidies funded by taxes proportional to the firm’s wage bill.  These training funds, however, may backfire if the adverse effect of the tax on training incentives outweighs the positive effects of...

Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training. In the absence of training funds, larger, high-wage and more capital intensive firms are the most likely to offer training unless they are...

Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training.  In the absence of training funds, larger, high-wage and more capital intensive firms are the most likely to offer training unless they are...

Sri Lanka's Termination of Employment of Workmen Act (TEWA) requires that firms with 15or more employees justify layoffs and provide generous severance pay to displaced workers,with smaller firms being exempted. Athough formally subject to TEWA, firms in ExportProcessing Zones (EPZs) may have...