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Economic Impact of Training and Education in Basic Skills: Summary of evidence
Economic Impact of Training and Education in Basic Skills: Summary of evidence
This research paper, written by the NRDC for the Department of Business, Innovation & Skills (BIS), summarises recent quantitative evidence on the economic returns to having or improving literacy and numeracy skills. The summary includes evidence on earnings and employment, and distinguishes between returns to having basic skills whenever these are acquired, and returns to acquiring basic skills in adulthood. The review is confined to economic returns to individuals; macro effects - on productivity for example - are not considered.
Author(s): Vorhaus, John
Date: 01/10/2009
Hard copy: Not available in hard copy
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This publication is copyright © Institute of Education but may be used freely for non-commercial research, teaching or training purposes on condition that the source is acknowledged.