TITLE

Is retraining displaced workers a good investment?

AUTHOR(S)
Jacobson, Louis S.; LaLonde, Robert; Sullivan, Daniel
PUB. DATE
June 2005
SOURCE
Economic Perspectives;2005 2nd Quarter, Vol. 29 Issue 2, p47
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Discusses the consequences of worker dislocation and the potential of retraining policy to ameliorate these effects in the United States. Difference of displaced workers differ from other job losers; Observation that public investments in retraining are too small to substantially mitigate the earnings losses of displaced workers; Predictions of human capital theory for the effects of programs and policies to retrain displaced workers.
ACCESSION #
17307839

 

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