Chapter

Skilled Workers for Skilled Work

Francis Green

in Skills and Skilled Work

Published in print June 2013 | ISBN: 9780199642854
Published online April 2015 | e-ISBN: 9780191808661 | DOI: http://dx.doi.org/10.1093/acprof:osobl/9780199642854.003.0007
Skilled Workers for Skilled Work

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This chapter examines the extent to which workers can make rational decisions in their role of supplying skilled labour and in their demands for learning new skills. It begins with an overview of sources of skills before turning to a discussion of the effect of skill on labour supply. It then considers workers' demand for skill formation services, also known as the ‘demand for learning’, and the concept of ‘bounded agency’. It also describes three themes surrounding workers' supply of labour and demand for learning: the quest to estimate and interpret the skills premium, youth transitions from education to work, and learning barriers.

Keywords: workers; skilled labour; skills; labour supply; skill formation services; demand for learning; bounded agency; skills premium; youth transitions; learning barriers

Chapter.  9485 words.  Illustrated.

Subjects: Microeconomics

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