The Cambridge school has challenged neoclassical theory and demonstrated how mainstream economics was unsuitable to describe the real economy. Different heterodox economists have recognized the importance both of Keynes and Sraffa and different efforts have been made in order to develop a...

We study the dynamics of study-work choices of Australian high school students and how these choices affect intended and actual enrolment in universities when they finish their school education. A dynamic random effect multi-equation model is constructed and estimated. We find that study-work...

We study the dynamics of study-work choices of Australian high school students and how these choices affect intended and actual enrolment in universities when they finish their school education. A dynamic random effect multi-equation model is constructed and estimated. We find that study-work...