expected at the beginning of the career. For thispurpose we use data on secondary and higher vocational education graduates in … theperiod 1996–2001. We show that graduates who are mobile have higher probabilityof fi nding jobs at the acquired education ….Th is suggests that mobility is sought to prevent not only having to take a job belowthe acquired education level, but also …

education started to grow substantiallyaround 1960, only a few decades later, research and higher education transformedgradually …

Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …

This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. Aset of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …