What Makes Firm-based Vocational Training Schemes Successful? The Role of Commitment
研究了企业职业培训市场可能存在的市场失灵：培训过于复杂难以在合同中明确，导致企业无法承诺提供培训。模型显示无承诺时培训水平远低于有承诺时，因此培训计划在承诺更普遍的国家更成功。
This paper studies a possible market failure in the firm-based vocational training market: training may be too complex to be specified in a contract so that it is legally enforceable, resulting in the inability of firms to commit to training provision. We present a model of firm provided training and show that training is substantially lower in the no commitment than in the commitment case. Thus, firm-based vocational training schemes are more successful in countries where commitment to training provision is more widespread.