Article 1998

Modelling the German system of vocational education

Labour Economics
Journal · Vol. 5 · Issue 4 · pp. 411-423
Abstract

This paper aims at analyzing main features of the German vocational education. It builds on a simple model of firm specific human capital accumulation in case of learning by doing. A main result is a positive effect of government financed schooling on creating learning by doing jobs. This finding relies on simple strategic arguments and does not depend on long term labor contracts or any cross productivity effects between learning inside and outside the firm.

Keywords

Author Keywords

I28 Learning by doing J41 Firm-specific human capital General human capital Public education

Index Keywords

Author Affiliations
Fb. Wirtschaftswissenschaften, Frankfurt am Main, Germany
Funding & Acknowledgements
No funding information
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