This paper extends standard models of work-related training by explicitly incorporating workers' locus of control into the investment decision. Our model both differentiates between general and specific training and accounts for the role of workers and firms in training decisions. Workers with...

This paper extends standard models of work-related training by explicitly incorporating workers' locus of control into the investment decision. Our model both differentiates between general and specific training and accounts for the role of workers and firms in training decisions. Workers with...

We study life-cycle educational transitions in an education system characterized by early tracking and institutionalized branches of academic and vocational training but with the possibility to revise earlier decisions at later stages. Our model covers all major transitions ranging from...

Bei dem Bemühen, die für die Zukunft des einzelnen wie der Gesellschaft erforderliche Weiterbildung sicherzustellen, stellt sich immer wieder die Frage, ob die Weiterbildung auch durch das Einkommensteuerrecht unterstützt werden kann. Das Gutachten gibt einen umfassenden Überblick über die...