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We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment...
Persistent link: https://www.econbiz.de/10011325670
This paper is an empirical investigation of the complementarity between education and training in 13 European countries, based on the European Community Household Panel (ECHP). After confirming the standard result that training incidence is higher among individuals with more education, I find...
Persistent link: https://www.econbiz.de/10011402339
I use the European Community Household Panel to ask whether unemployment affects the relationship between education and subsequent earnings growth. show that individuals with more education have more to lose in terms of subsequent earnings growth from the experience of unemployment. This result...
Persistent link: https://www.econbiz.de/10011402355
The reduction of early school leaving to less than 10 percent of the relevant population by 2020 is a headline target in the Europe 2020 strategy and one of the five benchmarks of the strategic framework for European cooperation in education and training. Designing adequate policies to combat...
Persistent link: https://www.econbiz.de/10010224587
While it is well known that birth order affects educational attainment, less is known about its effects on earnings. Using data from eleven European countries for males born between 1935 and 1956, we show that firstborns enjoy on average a 13.7 percent premium over laterborns in their wage at...
Persistent link: https://www.econbiz.de/10010201299
We examine the role of education in fostering the economic integration of immigrants. Although immigrants in Europe are – on average – slightly less educated than native individuals, there is a large heterogeneity across countries. We discuss evidence on student performance in international...
Persistent link: https://www.econbiz.de/10011455647
This paper is among the firsts to investigate the impact of overeducation and overskilling on workers' wages using a unique pan-European database covering twenty-eight countries for the year 2014, namely the CEDEFOP's European Skills and Jobs (ESJ) survey. Overall, the results suggest a wage...
Persistent link: https://www.econbiz.de/10013163647
investment. Genuine skill constraints can negatively affect labour productivity and hamper the ability to innovate and adopt …
Persistent link: https://www.econbiz.de/10012006266
on the relationship between economic institutions and training and between training and productivity and consider whether …
Persistent link: https://www.econbiz.de/10012177955
.5 percent. We document that lower investment in training reduces productivity, and show that firms facing tighter financing …
Persistent link: https://www.econbiz.de/10012193982