| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2133 |
| DP2133 The Theory of Access Pricing: an Overview for Infrastructure Regulators | |
| Antonio Estache; Tommaso Valletti | |
| 发表日期 | 1999-04-26 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | Failure in the training market may result from credit constraints and the inability to insure against labour income uncertainty, deterring potential trainees, or labour market imperfections that create external benefits for firms. This paper constructs a model of a training market affected by both problems, and examines the rationale for training levy schemes, intended to make firms increase investment in vocational training. It is shown that regulating firms, or equivalently financing a subsidy by taxation of profits, can achieve a Pareto improvement irrespective of the cause of under-investment. However, when the levy is assessed as a proportion of wages the effect is to address capital market imperfections only. |
| 主题 | Labour Economics |
| 关键词 | Credit constraints Human capital investment Labour market frictions Uncertainty Vocational training |
| URL | https://cepr.org/publications/dp2133 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531245 |
| 推荐引用方式 GB/T 7714 | Antonio Estache,Tommaso Valletti. DP2133 The Theory of Access Pricing: an Overview for Infrastructure Regulators. 1999. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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