This study investigates the causal effects of education on individuals' transitions between employment and unemployment, with particular focus on the extent to which education improves re-employment outcomes among unemployed workers. Given that positive correlations between education and labour...

This study investigates the differential effects of technological change on general human capital acquired through schooling and technology-specific human capital acquired through training based on a life-cycle human capital investment model. Using data from the National Longitudinal Survey of...