INVESTING IN SKILL: TO STAY ON OR NOT TO STAY ON?
讨论政府通过改善教育和培训等供给侧措施来影响经济增长，重点比较英美两国在提高教育参与率和培训机会方面的不同策略。
There is now a large measure of consensus amongst economists that there is relatively little that governments can do to affect the underlying growth rate of the economy through macroeconomic policy changes. The emphasis has changed to supply-side measures, and one of the most favoured, both in the United States and the UK, is improvement in education and training. In the US, the emphasis has been on securing improvements in basic schooling which is seen as the major deficiency (Chubb and Moe, 1990). In the UK, the main focus has been on our low staying-on rates (Whitfield and Wilson, 1991; Micklewright et al., 1989), limited training opportunities (Prats and Wagner, 1983), and poor access to higher education (DES, 1991).