C. Greenhalgh et G. Mavrotas, THE ROLE OF CAREER ASPIRATIONS AND FINANCIAL CONSTRAINTS IN INDIVIDUAL ACCESS TO VOCATIONAL-TRAINING, Oxford Economic Papers, 46(4), 1994, pp. 579-604
The incidence of vocational training is influenced by characteristics
of workers and firms. We investigate the determinants of both employer
-arranged training and individually organised training. The data relat
e to training spells experienced by 2,000 British workers in 1984-7. w
hen the propensity to train was rising rapidly. Both recent training a
nd future expected training are related to a wide range of personal an
d job characteristics, including attitudes and incomes. Low income is
associated with the failure to undertake training, suggestive of marke
t failure in selection. However, training incidence is higher for thos
e with positive career aspirations, which reflects an efficient select
ion rule.