An analysis of the cost-effectiveness of selected government- supported training programs
In certain situations, information costs and training related externalities may lead to under investment in human capital, i.e., a non-Pareto equilibrium in which marginal social return to human capital investment exceeds its marginal social cost. When this situation occurs, it may be economically s...
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Format: | Others |
Language: | en_US |
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Virginia Polytechnic Institute and State University
2017
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Online Access: | http://hdl.handle.net/10919/76415 |