Partisan Politics, the Welfare State, and Three Worlds of Human Capital Formation

@article{Iversen2008PartisanPT,
  title={Partisan Politics, the Welfare State, and Three Worlds of Human Capital Formation},
  author={Torben Iversen and John Stephens},
  journal={Comparative Political Studies},
  year={2008},
  volume={41},
  pages={600 - 637}
}
The authors propose a synthesis of power resources theory and welfare production regime theory to explain differences in human capital formation across advanced democracies. Emphasizing the mutually reinforcing relationships between social insurance, skill formation, and spending on public education, they distinguish three distinct worlds of human capital formation: one characterized by redistribution and heavy investment in public education and industry-specific and occupation-specific… 

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