
ERIC Number: EJ272649
Record Type: CIJE
Publication Date: 1982
Pages: N/A
Abstractor: N/A
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Economic Feasibility of On-the-Job Training.
Stern, David
Economics of Education Review, v2 n2 p157-73 Spr 1982
Presents a mathematical model concerning the implicit risks to employers and employees of investing in on-the-job training (OJT). Suggests how to reduce OJT risks through "training insurance," where risks are pooled among employers and employees, and discusses more efficient contracts, losses due to layoffs, and OJT technology improvement. (Author/RW)
Descriptors: Cost Effectiveness, Employees, Employers, Income, Insurance, Mathematical Models, On the Job Training, Postsecondary Education, Risk
Publication Type: Journal Articles; Opinion Papers
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Language: English
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Grant or Contract Numbers: N/A