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Investing in skill: to stay or not to stay on?

Bennett, Robert, Glennerster, Howard and Nevison, Douglas (1992) Investing in skill: to stay or not to stay on? Oxford Review of Economic Policy, 8 (2). pp. 130-145. ISSN 1460-2121

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Abstract

There is now a large measure of consensus amongst economists that there is relatively little that governments can do to affect the underlying growth rate of the economy through macroeconomic policy changes. The emphasis has changed to supply-side measures, and one of the most favoured, both in the United States and the UK, is improvement in education and training. In the US, the emphasis has been on securing improvements in basic schooling which is seen as the major deficiency (Chubb and Moe, 1990). In the UK, the main focus has been on our low staying-on rates (Whitfield and Wilson, 1991; Micklewright et al., 1989), limited training opportunities (Prats and Wagner, 1983), and poor access to higher education (DES, 1991).

Item Type: Article
Official URL: http://oxrep.oxfordjournals.org/
Additional Information: © 1992 Oxford University Press
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
Sets: Departments > Social Policy
Collections > Economists Online
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Research centres and groups > Centre for Analysis of Social Exclusion (CASE)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 06 Jun 2008 13:28
URL: http://eprints.lse.ac.uk/5336/

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