-linked externalities (JLEs). JLEs emerge when wages exceed the opportunity cost of labor (labor externalities), or when there are social … gains from creating better jobs for some classes of worker, such as women or youth (social externalities). Like all … externalities, JLEs create a gap between private and social rates of return. Investments can be socially profitable (once the …

period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …

ethics at age 15, on test scores at age 16, and on subject choices and subsequent performance at age 17-18. In particular …

available. In this paper, we use nationally representative cohort data linked to administrative education records to study the …

region in the World. Expected future levels of education, very young and youth population, youth employment and unemployment …