Arbeitspapier
Return on investment in workforce development programs
Under more and more fiscal scrutiny because of shrinking state and local budgets, workforce development programs are being asked to estimate their return on investment (ROI). This paper introduces basic concepts of ROI in workforce development programs. It distinguishes ROIs estimated for workforce programs from those that are estimated for financial investments or capital projects. The paper furthermore exposits the basic ingredients of an ROI study - identification of the treatment and time periods of analysis, identification of the net impacts of the program, and identification of net costs. Finally, the paper presents results from the estimation of the ROI for postsecondary career and technical education in the State of Washington.
- Sprache
-
Englisch
- Erschienen in
-
Series: Upjohn Institute Working Paper ; No. 12-188
- Klassifikation
-
Wirtschaft
Project Evaluation; Social Discount Rate
Human Capital; Skills; Occupational Choice; Labor Productivity
Mobility, Unemployment, and Vacancies: Public Policy
- Thema
-
Return on investment
present value
net present value
benefit cost analysis
workforce development
postsecondary CTE
Washington state
human capital
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hollenbeck, Kevin
- Ereignis
-
Veröffentlichung
- (wer)
-
W.E. Upjohn Institute for Employment Research
- (wo)
-
Kalamazoo, MI
- (wann)
-
2012
- DOI
-
doi:10.17848/wp12-188
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hollenbeck, Kevin
- W.E. Upjohn Institute for Employment Research
Entstanden
- 2012
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