Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside with the of national authorities and stakeholders to introduce...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European qualifications framework (EQF) and has supported its further implementation, working alongside with the of national authorities and stakeholders to introduce...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European qualifications framework (EQF) and has supported its further implementation, working alongside with the of national authorities and stakeholders to introduce...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European qualifications framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside with the of national authorities and stakeholders to introduce...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

Cedefop's work on qualifications frameworks dates back to 2003. The Centre has contributed to the conceptual development of the European Qualifications Framework (EQF) and has supported its further implementation, working alongside national authorities and stakeholders to introduce and develop...

The Spanish qualifications framework for lifelong learning (Marco Español de Cualificaciones, MECU) was adopted in 2022 as a royal decree. In 2024, it was referenced to the EQF. It is structured into eight levels and includes all levels and types of formal education and training. It is in the...

The Norwegian NQF for lifelong learning (Nasjonalt kvalifikasjonsrammeverk for livslang læring NKR) was referenced to the EQF in 2014, alongside its self-certification to the qualifications frameworks in the European higher education area (QF-EHEA). It is structured into seven levels and...

Adopted in 2012, the Bulgarian qualifications framework for lifelong learning (BQF - Национална квалификационна рамка за учене през целия живот - НКР) is a comprehensive, eight-level framework with an additional preparatory level 0. It...

More central dealers earn a premium over peripheral dealers in many types of markets. Possible explanations involve bargaining power, compensation for supplying liquidity, and faster execution speed. We investigate the sources of this premium in the over-the-counter market for corporate bonds....

Intercompany profits in inventory transactions are profits arising from the sale and purchase of goods between companies that are members of one entity or group of companies. In intercompany profits in inventory transactions, it is important to observe applicable accounting principles and to...

Foreign M&A affects inventory adjustment of manufacturing enterprises through improving their production efficiency and expanding the market scale. To further analyze the impact and its mechanism, this study adopts a large scale, firm-level dataset from the Annual Survey of Industrial Firms...

This paper investigates the impact of financial constraints on firms' inventory holdings, an area of significant interest given that inventories are volatile over the business cycle. I use detailed data on Swedish firms' balance sheets, income statements, and credit scores. I employ a regression...

This paper investigates the impact of financial constraints on firms' inventory holdings, an area of significant interest given that inventories are volatile over the business cycle. I use detailed data on Swedish firms' balance sheets, income statements, and credit scores. I employ a regression...

This paper is an attempt to derive empirically testable hypotheses regarding the principal determinants of firms' decisions on production, price, and finished goods inventory. The general approach to the problem is that many of the same factors which affect the optimal value for one variable...

The idea that wages rise relative to alternatives as job seniority accumulates is the foundation of the theory of specific human capital, as well as other widely accepted theories of compensation. The fact that persons with longer job tenures typically earn higher wages tends to support these...

Inventories are of historical importance to describing business cycles and production volatility. While research in inventories is relatively mature, the growing attention to global value chains and commodity shortages in recent quarters warrants a return and critical reassessment of inventories...

The report offers both a new and comparative methodology for measuring backlogs and pendency, as well as empirical findings on the relationship between application stocks and examination pendency in the UK and the US. Understanding these relationships is critical for better evidence based policy...

Recent empirical and theoretical research on business inventories is surveyed and critically evaluated. While most inventory research has had macroeconomic motivations, we focus on its microtheoretic basis and on potential conflicts between theory and evidence. The paper asks two principal...

This paper develops an oligopoly model in which firms first choose capacity and then compete in prices in a series of advance-purchase markets. We show that when the elasticity of demand falls across periods, strong competitive forces prevent firms from utilizing intertemporal price...

We document that firms without strong corporate cultures hold excess inventory to mitigate the operational risk compared to their peers with strong corporate cultures. Further analyses reveal that firms balance the costs and benefits of excess inventory holdings. Weak corporate culture values...

The commercialization of silicon as an anode material for lithium-ion batteries has been largely impeded by its severe volume changes during cell operation, causing continuous loss of Li inventory. As such, it is vital to understand and quantify the sources of capacity fade in order to design...

Behavioral inventory-management research leverages ideas and methodologies commonly used in behavioral economics and psychology to advance our understanding of the role of human behavior in inventory management. In this chapter, we first review some of the early papers in this area organized by...

This paper develops and applies a novel test of the Holt, et al.(1961) linear quadratic inventory model. It is shown that a central property of the model is that a certain weighted sum of variances and covariances of production, sales and inventories must be nonnegative. The weights are the...

Casual examination of annual postwar data on inventories and aggregate output for seven developed countries -- Canada, France, West Germany, Italy, Japan, United Kingdom, United States -- suggests that in these countries the primary function of aggregate inventories is not to smooth aggregate...

If stock-outs are ignored and if demand shocks are additive, then optimal behavior requires that the marginal cost of production (MC) be equated with the expected marginal revenue of increasing expected sales by one unit (EMR). However,with more general demand shocks (and still ignoring...

This paper has two purposes. One is to assess different models of inventory behavior in terms of their ability to well approximate the realized data on inventories. We do this initially for the pure production smoothing model and then for a sequence of generalizations of the model. Our analysis...

In this paper, we study a regretful seller’s problem of selling a fixed number of goods over a finite and known time horizon. The seller engages in counterfactual thinking to compare her selected price with other forgone alternatives. If a forgone alternative (ex post) generates a better...