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briefing papers for policy makers

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5. Policies that differentially reduce the training costs of the least skilled have little effect on growth and a small<br />

effect on reducing inequality.<br />

6. Further research into comparative static predictions is necessary with particular emphasis on the skill<br />

composition and training of firm size and research and development, as there are very few robust comparative<br />

static predictions.<br />

The full title of the project is: Growth, Inequality and Training.<br />

The Final Report and results of this project are available through the electronic version of this report at:<br />

http://www.cordis.lu/citizens/publications.htm (under Reports)<br />

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