An Econometric Model for the Evaluation of Manpower Programs,
RAND CORP SANTA MONICA CALIF
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The decade of the 1960s witnessed a sharp increase in the use of benefit cost analysis to examine questions of human capital formation, and to evaluate specific manpower programs. In general, the evaluation of manpower programs is costly in both resources and time because control groups are established and all subjects are traced through the program and followup period. The paper suggests a method for the evaluation of manpower programs by means of a standard national control group and a simple econometric model.
- Personnel Management and Labor Relations