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Federal Reserve Bank of Cleveland
Economic Commentary
Government-subsidized training: a plan for prosperity?
Charles T. Carlstrom
Christy D. Rollow
Abstract

Many analysts believe that the United States should subsidize training to increase its workers' skills because employers don't provide enough. This Commentary asks whether the present level of training is truly insufficient, or whether firms' incentives may already be in synch with the social costs and benefits of training.


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Charles T. Carlstrom & Christy D. Rollow, "Government-subsidized training: a plan for prosperity?" , Federal Reserve Bank of Cleveland, Economic Commentary, issue May, 1998.
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Keywords: Employees; Training of
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