This paper analyses different dimensions of skills mismatch (notably 'macro-economic skills
mismatch','skills shortages', and 'on-the-job skills mismatch') and their empirical relationship …

Numerous studies have examined the relationship between human capital and productivity.
However, the implications of human capital channels-the 'basic channel'and 'advanced …

Previous studies document that adverse labor market conditions, proxied by the
unemployment rate, stimulate post-secondary enrollment. This paper shows for the first time …

This article shows that unfavorable economic conditions at graduation decrease the
likelihood of a good job‐worker match over a worker's subsequent career. Mismatch is …

Recent empirical evidence finds that progressive taxation is an effective economic stabilizer,
but theoretical results disagree. This paper shows that a lifecycle model with total factor …

We contribute an alternative explanation of business cycles by using human capital
investment as a second sector tied down with accounting methods. Inputs of education …

This paper is the first to investigate the extent to which the high levels of joblessness
resulting from the Great Recession across Europe have translated into higher school …

This paper applies the Ramsey–Cass–Koopmans (RCK) growth model to an open economy
so that, when calibrated with standard parameter values that are commonly used in the …

This paper examines the cyclical dynamics of school participation decision, using data for 16-
24-year-olds attending full-time post-compulsory education in the UK in the period from …

Abstract We use European Union Labour Force Survey data for the period 2005–2018 to
investigate the cyclicality of training in Europe. Consistent with the view that firms use …