Wednesday, December 2, 2015

Could the Swiss apprenticeship market use some market design?

A review of Who Gets What and Why from Switzerland suggests that the Swiss apprenticeship market is unraveled and could use some market design: ├ľkonomie als Ingenieurskunst, by David Staubli.

Google Translate: "With these findings, perhaps could also improve the design of the Swiss apprenticeship market. The current system suffers from the same problems as before the American job market for junior doctors. A mandatory cut-off date to Submit quotations from the part of the company would preserve the future trainees from having to be set too early and then lose the motivation for the school routine. The coordinated timing to Submit apprenticeships contracts would also increase market depth and the "matching" improve."

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