- Home
- Publications
- The Power Of Self-Interest: Effects Of Subsidies For Adult Education And Training
The Power of Self-Interest: Effects of Subsidies for Adult Education and Training
Authors
External Authors
Polidano, C
Voitchovsky, S
Related Themes
Education and SkillsJEL Code
I22, I28, H31
Paper Category Number
480
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 broadened access to public subsidies for adult Vocational Education and Training. Difference-in-differences analysis reveals that the large-scale reform, which was introduced in the Australian state of Victoria from 2009, increased participation in VET among the population aged 25-54, and corresponded with an improved match between subsidised VET courses taken and ex ante measures of labour market demand. Indeed, the scheme was so popular that it resulted in a budget over-run by 2012 of $400 million (AUD, on a total budget of $1.3 billion).
Related Blog Posts
Understanding Skill Mismatches and Regional Mobility
Larissa Marioni
Adrian Pabst
22 Apr 2024
4 min read
What Can Be Done To Better Protect Children and Young People From Serious Safeguarding Incidents?
Sophie Kitson
Ekaterina Aleynikova
19 Feb 2024
9 min read
Putting Increased Pressure on a Fragile System Does Not Help
Claudine Bowyer-Crane
Cecilia Zuniga-Montanez
15 Jan 2024
5 min read
Related Projects
Catch Up Literacy Pilot Study
Better Start Bradford
Related News
Press Release: Targeted home support could be key in children’s early language development
21 Apr 2021
5 min read
Related Publications
The Nature of the Inflationary Surprise in Europe and the USA
21 Mar 2024
Discussion Papers
Energy and Climate Policy in a DSGE Model of the United Kingdom
08 Mar 2024
Discussion Papers