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We apply the distance function methodology to the analysis of household production functions. In particular, the family’s ability to efficiently and simultaneously generate a dual education (mathematics and reading) output for their child subject to multiple, constrained input availability is...
Persistent link: https://www.econbiz.de/10008496175
We present a model of optimal contracting between a purchaser (a principal) and a provider (an agent). We assume that: a) providers differ in efficiency and there are two types of provider; b) efficiency is private information (adverse selection); c) providers are partially altruistic or...
Persistent link: https://www.econbiz.de/10005129612
We use British household panel data to explore the wage returns to training incidence and intensity (duration) for 6924 employees. We find these returns differ greatly depending on the nature of the training (general or specific); who funds the training (employee or employer); and the skill...
Persistent link: https://www.econbiz.de/10005129644
We use linked data for 1,460 workplaces and 19,853 employees from the Workplace Employee Relations Survey 1998 to analyse the incidence and duration of employee training in Britain. We find training to be positively associated with having a recognised vocational qualification and current union...
Persistent link: https://www.econbiz.de/10005328504