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Recent Developments in the Economics of Training

Edited by Francis Green, Institute of Education, London, UK
This two volume collection covers important developments in the theory and empirical analysis of training since the start of the 1990s. It includes the seminal articles on training theory in the context of imperfect markets, which are essential for understanding social interventions in the private market.
Two volume set
Extent: 1,104 pp
Hardback Price: $581.00 Web: $522.90
Publication Date: 2007
ISBN: 978 1 84542 546 3
Availability: In Stock

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This two volume collection covers important developments in the theory and empirical analysis of training since the start of the 1990s. It includes the seminal articles on training theory in the context of imperfect markets, which are essential for understanding social interventions in the private market. New analyses of the determinants of training are presented, some incorporating wider perspectives from industrial relations and human resource management. Advances in the methodology for evaluating public training programmes are then covered, with examples of both experimental and non-experimental methods. Finally, the volumes include major studies of the impact of training on workers and organisations, with examples from several different countries.
‘. . . this collection is welcome, both as a guide to recent mainstream research, in both mainstream economics and management science, on employee training, and as a vivid demonstration of the increased range and sophistication of that research.’
– Paul Ryan, British Journal of Industrial Relations

‘Francis Green has done a masterly job of selecting the works that are essential for understanding the important tendencies in the economics of training of the last decade.’
– Transfer

‘As globalisation extends the impact of the knowledge economy we are also starting to witness the limitations to conventional approaches by the state to increase formal participation in education as a means of enhancing economic growth. In this context the study of skill acquisition or training in the workplace takes on a new importance. Here, Francis Green has provided a major service to scholars in bringing together this collection of papers. Not only does he provide the reader with access to the latest theoretical developments and empirical research in the economics of training but crucially, he locates this in the wider interdisciplinary approach to the role of training within organisations. This is especially important as it is from within this interdisciplinary perspective that we are likely to see the next major advances in our understanding of the part played by training in organisational performance and national competitiveness.’
– David Ashton, University of Leicester, UK

‘The collection of papers is highly relevant. It includes seminal contributions both from economics and from industrial relations. This multi-disciplinary approach is much to be welcomed; amongst the familiar jewels are some gems that I would otherwise not have come across. The range of papers is wide, and the volume is as up-to-date as it is possible to be in this fast changing area. The book will be an invaluable companion to all researchers, policymakers and practitioners with interests in the economics of training.’
– Geraint Johnes, Lancaster University Management School, UK
46 articles, dating from 1993 to 2005
Contributors include: D. Acemoglu, A. Bartel, A. Booth, J. Heckman, M. Huselid, C. Ichiowski, A. Krueger, P. Osterman, M. Stevens

Volume I: Recent Developments in the Theory of Training
Introduction Francis Green

1. Margaret Stevens (1994), ‘A Theoretical Model of On-the-job Training with Imperfect Competition’
2. Daron Acemoglu and Jörn-Steffen Pischke (1999), ‘The Structure of Wages and Investment in General Training’
3. Daron Acemoglu (1997), ‘Training and Innovation in an Imperfect Labour Market’
4. Edwin Leuven (2005), ‘The Economics of Private Sector Training: A Survey of the Literature’
5. Chun Chang and Yijiang Wang (1996), ‘Human Capital Investment under Asymmetric Information: The Pigovian Conjecture Revisited’
6. Margaret Stevens (2001), ‘Should Firms be Required to Pay for Vocational Training?’
7. James M. Malcomson, James W. Maw and Barry McCormick (2003), ‘General Training by Firms, Apprentice Contracts, and Public Policy’
8. Alison L. Booth and Monojit Chatterji (1998), ‘Unions and Efficient Training’

9. John Paul Macduffie and Thomas A. Kochan (1995), ‘Do U.S. Firms Invest Less in Human Resources? Training in the World Auto Industry’
10. Ann P. Bartel and Nachum Sicherman (1998), ‘Technological Change and the Skill Acquisition of Young Workers’
11. Paul Osterman (1995), ‘Skill, Training, and Work Organization in American Establishments’
12. Francis Green, Stephen Machin and David Wilkinson (1999), ‘Trade Unions and Training Practices in British Workplaces’
13. René Boheim and Alison L. Booth (2004), ‘Trade Union Presence and Employer-Provided Training in Great Britain’
14. David Fairris and Roberto Pedace (2004), ‘The Impact of Minimum Wages on Job Training: An Empirical Exploration with Establishment Data’
15. David Neumark and William Wascher (2001), ‘Minimum Wages and Training Revisited’
16. Wiji Arulampalam, Alison L. Booth and Mark L. Bryan (2004), ‘Training and the New Minimum Wage’
17. Francis Green (1993), ‘The Determinants of Training of Male and Female Employees in Britain’
18. Filipe Almeida-Santos and Karen A. Mumford (2004), ‘Employee Training in Australia: Evidence from AWIRS’
19. M.J. Andrews, S. Bradley and D. Stott (2002), ‘Matching the Demand for and Supply of Training in the School-to-Work Transition’

20. James J. Heckman and Jeffrey A. Smith (1999), ‘The Pre-programme Earnings Dip and the Determinants of Participation in a Social Programme. Implications for Simple Programme Evaluation Strategies’
21. Håkan Regnér (2002), ‘A Nonexperimental Evaluation of Training Programs for the Unemployed in Sweden’
22. A. Holm (2002), ‘The Effect of Training on Search Durations: A Random Effects Approach’
23. Florian Kraus, Patrick Puhani and Viktor Steiner (1999), ‘Employment Effects of Publicly Financed Training Programs – The East German Experience’
24. John C. Ham and Robert J. LaLonde (1996), ‘The Effect of Sample Selection and Initial Conditions in Duration Models: Evidence from Experimental Data on Training’
25. Josef Zweimüller and Rudolf Winter-Ebmer (1996), ‘Manpower Training Programmes and Employment Stability’
26. Liliane Bonnal, Denis Fougère and Anne Sérandon (1997), ‘Evaluating the Impact of French Employment Policies on Individual Labour Market Histories’

Name Index

Volume II: Evidence About the Effects of Training
An introduction by the editor to both volumes appears in Volume I

1. John M. Barron, Mark C. Berger and Dan A. Black (1999), ‘Do Workers Pay for On-the-Job Training?’
2. Ann P. Bartel (1995), ‘Training, Wage Growth, and Job Performance: Evidence from a Company Database’
3. Daniel Parent (1999), ‘Wages and Mobility: The Impact of Employer-Provided Training’
4. Alan Krueger and Cecilia Rouse (1998), ‘The Effect of Workplace Education on Earnings, Turnover, and Job Performance’
5. Dominique Goux and Eric Maurin (2000), ‘Returns to Firm-provided Training: Evidence from French Worker-firm Matched Data’
6. Anna Vignoles, Fernando Galindo-Rueda and Leon Feinstein (2004), ‘The Labour Market Impact of Adult Education and Training: A Cohort Analysis’
7. Mark A. Loewenstein and James R. Spletzer (1999), ‘Dividing the Costs and Returns to General Training’
8. Alison L. Booth and Mark L. Bryan (2005), ‘Testing Some Predictions of Human Capital Theory: New Training Evidence from Britain’
9. Ann P. Bartel (1994), ‘Productivity Gains from the Implementation of Employee Training Programs’
10. Mark A. Huselid (1995), ‘The Impact of Human Resource Management Practices on Turnover, Productivity, and Corporate Financial Performance’
11. Mark A. Huselid and Brian E. Becker (1996), ‘Methodological Issues in Cross-Sectional and Panel Estimates of the Human Resource-Firm Performance Link’
12. Casey Ichniowski, Kathryn Shaw and Giovanna Prennushi (1997), ‘The Effects of Human Resource Management Practices on Productivity: A Study of Steel Finishing Lines’
13. Casey Ichniowski and Kathryn Shaw (1999), ‘The Effects of Human Resource Management Systems on Economic Performance: An International Comparison of U.S. and Japanese Plants’
14. John Paul Macduffie (1995), ‘Human Resource Bundles and Manufacturing Performance: Organizational Logic and Flexible Production Systems in the World Auto Industry’
15. Alfonso Alba-Ramirez (1994), ‘Formal Training, Temporary Contracts, Productivity and Wages in Spain’
16. Sandra E. Black and Lisa M. Lynch (1996), ‘Human-Capital Investments and Productivity’
17. Thomas Zwick (2005), ‘Continuing Vocational Training Forms and Establishment Productivity in Germany’
18. Gabriella Conti (2005), ‘Training, Productivity and Wages in Italy’
19. Ann P. Bartel (2000), ‘Measuring the Employer’s Return on Investments in Training: Evidence from the Literature’
20. William Collier, Francis Green and John Peirson (2005), ‘Training and Establishment Survival’

Name Index