“We risk having a generation that hasn’t held a job. Personal dignity comes from working [.] Young people are in a crisis". Pope Francis - July the 22nd, 2013. Youth unemployment is a critical issue across the European Union with 5.5 million people unemployed among the 18-24 years age group...

The concept of development has matured from being indicative of aggregative progress to being sensitive to inequality and exclusion within the whole, giving rise to the coinage Inclusive Development. This notion speaks of bridging gap between ethnic/social groups within a nation in domains like...

This paper studies efficient tax policies in Ramsey’s tradition when consumers face temptation and self control problems in inter-temporal decision making. We embed the class of preferences developed by Gul and Pesendorfer into a simple two-period life-cycle model and show that education...

We show that the system of ‘Grandes écoles’ (GEs) is a key determinant of social stratification, low intergenerational mobility at the top and low educational efficiency in France. A stylised model of the French higher education system is constructed. This system is composed of two types of...

Youth unemployment has been and always will be an important item on the government's agenda. With youth unemployment rates reaching as high as 27 percent in 2016, twice as high as the overall unemployment rate, the future of the country is in danger. With today's generation having a great thirst...

This paper studies the short and long-term effects of exposure to Bono de Desarrollo Humano (BDH), the main unconditional cash transfer program in Ecuador, on young people’s education and labor market outcomes. Using individual administrative panel data and a regression discontinuity design, I...

This paper uses a large multi-country database with data from the OECD PISA program to disentangle the effects of birthdate on educational performance. As far as age effects are concerned, we conclude that children are disadvantaged because they are the youngest in class (relative age effect),...

Many developing countries are populated by multiple ethnic groups who use their own language in daily life and in local business, but have to use a common language in national business and in communications with other groups. In these countries, how much weights should be placed on teaching a...

Demographic transition creates a small window for countries when the population pyramid shows signs of maturity and bulges in the middle, indicating a relatively larger share of working age population. Key to reaping this demographic dividend lies in using the working age population to fullest...

Researchers claim that India is poised for reaping demographic dividend and leapfrog to a higher level of income-employment situation utlising the relatively larger share of youth or working age persons in total population. However, the outcome depends on the contribution of youth to national...