ERIC Number: ED049381
Record Type: Non-Journal
Publication Date: 1970
Reference Count: N/A
Cost-Benefit Aspects Of Manpower Retraining. Manpower Papers No. 2.
Hughes, James J.
This report reviews the literature on cost-benefit analysis of retraining and discusses possible approaches to conducting such an analysis. Exemplary programs in Sweden and the United States are described. Despite the existence of externalities which preclude exact calculation of costs and benefits, the report concludes that retraining is desirable, since even the less favorable results show that the programs are worthwhile. Programs with greater flexibility in responding to labor market conditions are recommended. (BH)
Descriptors: Adult Vocational Education, Cost Effectiveness, Economic Climate, Economic Research, Employment Level, Federal Programs, Foreign Countries, Labor Economics, Labor Needs, Program Evaluation, Resource Allocation
Her Majesty's Stationery Office, 49 High Holborn, London, WC1, England ($.78)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Department of Employment, London (England).
Identifiers - Laws, Policies, & Programs: Manpower Development and Training Act