Article 1988

An evaluation of yts

JI
Jones, Ian
Oxford Review of Economic Policy
Journal · Vol. 4 · Issue 3 · pp. 54-71
Abstract

The Youth Training Scheme (YTS) is much the most significant public policy intervention in the UK training market since the 1964 Industrial Training Act (ITA). This paper presents an economic evaluation of YTS. We begin in Part II by outlining the history and mechanics of the Scheme. Part III describes the market failure (or failures) which YTS addresses, and Part IV assesses how successful it has been in tackling these problems. Finally, Part V considers the Scheme's future. What further changes are needed to improve its effectiveness?. © 1988 OXFORD UNIVERSITY PRESS AND THE OXFORD REVIEW OF ECONOMIC POLICY LIMITED.

Keywords

Author Keywords

Not provided

Index Keywords

training Public policy UK Youth Training Scheme
Author Affiliations
National Economic Research Associates, Inc., New York, NY, United States
Funding & Acknowledgements
No funding information
References 10 References
1 Human Capital, (1964)
2 Daly, Anne E., Productivity, Machinery and Skills in a Sample of British and German Manufacturing Plants: Results of a Pilot Inquiry, National Institute Economic Review, 111, 1, pp. 48-61, (1985)
3 Employment Gazette, (1987)
4 Statistical Bulletin, (1987)
5 undefined, (1988)
6 undefined, (1981)
7 Working Together Education and Training, (1986)
8 Summary Statistics on Training, (1988)
9 undefined, (1986)
10 Wider Labour Market Effects of the Youth Training Scheme and the Young Workers Scheme, (1986)
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