Report

The Power of Self-Interest: Effects of Education and Training Entitlements in Later-Life

C POLIDANO, J Van de Ven, S Voitchovsky

Melbourne Institute of Applied Economic and Social Research | Published : 2017

Abstract

Education and training among the working-age population has become an increasingly important policy issue as working lives have lengthened and the pace of technological change has quickened. This paper describes the effects of a reform that replaced a supply-driven model, in which government selected the number and providers of publicly subsidised Vocational Education and Training (VET), with a demand-driven approach that broadened access to adult training and gave working-age individuals greater freedom of VET course choice. Difference-in-differences analysis reveals that the large-scale reform, which was introduced in the Australian state of Victoria from 2009, substantively increased part..

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