Costs and benefits of an individual learning account (ILA): A simulation analysis for the Netherlands

Henri Bussink and Bas ter Weel

Economic Modelling, 2023, vol. 118, issue C

Abstract: •We simulate scenarios about the uptake of resources to increase training activity.•We show how costs and benefits depend on take-up rates, returns to training and deadweight loss.•Our results contribute to discussions and trade-offs about ILA's to stimulate labour force resilience.

Keywords: Human capital investments; Individual learning accounts; Lifelong learning (search for similar items in EconPapers)
JEL-codes: J24 J33 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:118:y:2023:i:c:s0264999322003224

DOI: 10.1016/j.econmod.2022.106085

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