The aim of this paper is to understand the role of uncertainty in education choices and therefore in growth. We consider an overlapping generations model in which endogenous growth is introduced through human capital accumulation. We introduce uncertainty as to the individual returns to...

In this paper we aim to understand how unemployment benefits may affect investment in education when the latter is characterized by uncertain returns. This is done in an overlapping generations model in which endogenous growth is introduced through human capital accumulation. We develop a...

This paper proposes a new method to estimate the extent of job competition between workers with different schooling levels. We estimate the structural parameters of a matching function generalised to incorporate crowding out effects. We use flow data out of unemployment containing information on...

The unempoyment rise in Eu countries has been particularly strong for low-skilled workers. This observation has often been explained in terms of biased technical change and relative wage rigidities. More attention has been paid recently to an alternative mechanism, the crowding-out of low-skiled...

The paper investigates the links between the European Monetary Integration and the ongoing specificities and partial autonomy of industrial relations, labour markets and labour regimes at the national level. This is a follow up of John Hicks (1955) paper arguing that the Thirties experienced the...

Les évolutions qui ont caractérisé le marché du travail se sont traduites par de substantielles modifications de la composition des revenus des ménages et ont pu affecter l'inégalité de la répartition de ces revenus. Notre objectif est d'analyser l'évolution de la contribution des...

Le ralentissement des gains de productivité par tête observé depuis la fin des années 80 en Europe, et notamment en France, est susceptible de plusieurs types d'interprétations. Il pourrait refléter un tassement des gains de la productivité globale des facteurs, une substitution des...

Like active labour market programmes (ALPMs), grade repetition could generate two types of effects. Better/worse outcomes due to programme participation (i.e. the fact that pupils repeat a particular grade). This is what the existing literature on grade repetition has focused on. Another...

This paper evaluates the effects of grade retention on attainment by exploiting a reform introduced in 2001 in the French-Speaking Community of Belgium whereby the possibility of grade retention in grade 7 was reintroduced. It uses the Synthetic Control Method to identify the best possible...