This paper presents a comprehensive analysis of the link between age and proficiency in information-processing skills, based on information drawn from the Survey of Adult Skills (PIAAC). The data reveal significant age-related differences in proficiencies, strongly suggesting that proficiency tends to "naturally" decline with age. Age…

"Research messages 2011" is a collection of summaries of research projects published by National Centre for Vocational Education Research (NCVER) in 2011. The publication also has an overview essay that captures the themes and highlights from the research for the year, including: (1) the initial education and training of young people and…

This paper reviews the literature on job-related training and the effects of these investments for different groups of individuals. The paper also elaborates on the theories, empirical explanations, and policy implications that can be drawn from these findings. Employer-provided training is by far the most important source of further education and…

Traditional business practice undervalues human capital, and most conventional accounting models reflect this inclination. The argument for more explicit measurements of human resources is simple: Improved measurement of human resources will lead to more rational and productive choices about managing human resources. The business community is…

The author states that the trade deficit and the foreign debt reflect the inability of a large percentage of the U.S. work force to compete in an integrated world economy. He argues that investing in human capital is the only way to solve the competitiveness problem. A review of recent and current influences on the educational system is included.…

A review of human investment in education considers the pivotal human capital theory in relation to complementary, replacement, and opposing hypotheses and the interrelationship of workers, education, and workplace production. Analysis of definitions of human capital concludes that it is the marketable value of an individual that additional…

This document, a review of labor market effects of human capital, focuses on two related topics. Part I describes the following early findings of the research on effects of education and job training on the wage structure, labor turnover, and unemployment: decline of training with experience, positive and significant effects of training on length…

The value of education in the workplace is becoming more evident as businesses face the challenges of the 20th century. Teaching and learning will become even more important for corporate success. If corporations are to be more productive, then one must change the way corporations and the people in them are viewed. Employees can no longer be…

This book explores the problem of developing a framework for rethinking human capital information and decision making in light of the economic changes that are currently occurring in many Organisation for Economic Cooperation and Development countries. It examines human capital information and decision making in the context of recent developments…

These four papers are from a symposium on evaluating the impact of human resource development (HRD). "Pre-Job Training and the Earnings of High-Tech Employees in Taiwan" (Tung-Chun Huang) reports on a study that concludes that public training programs have no impact on participants' earnings in later jobs, but participation in private…

Technological change and other innovations affect the way Canadians work. These changes demand increasingly higher levels of literacy for today and for the future. Basic skills are not enough. A low level of schooling is associated with higher unemployment. People who invest in their own higher education are likely to reap the reward of higher…

"Adult competence" and "productivity" can be viewed as interactive terms on the same continuum; as the definition of one term expands, so does the definition of the other. For example, while productivity may once have meant simply the efficient production of goods and services, it now encompasses a much vaster dimension, including such factors as…

The Institut fuer Arbeitsmarkt- und Berufsforschung (IAB) or Institute for Employment Research has developed a detailed working time and volume of work measurement concept in order to more comprehensively assess the demand for labor. The individual components of working time in Germany are obtained from various data sources and combined to form…

Demographic trends, technological change, and increased international competition are creating shortages of skilled workers and an excess of unskilled workers. In response to this growing crisis, the Commission on Workforce Quality and Labor Market Efficiency made 44 recommendations for a substantial, ongoing national commitment to investment in…

The 49 papers in these two volumes were prepared to assist the Commission on Workforce Quality and Labor Market Efficiency in making recommendations for improving the U.S. work force. The papers summarize existing research and make recommendations on subjects reflecting seven Commission tasks: (1) examine the roles and effectiveness of privately…