This paper provides a non-technical review of the evidence on the returns to education and training for the individual, the firm and the economy at large. It begins by reviewing the empirical work that has attempted to estimate the true causal effect of education and training on individual...

In Australia, as in most industrialised countries, there has been a dramatic increase in unemployment rates over the last three decades. The teenage labour market, in particular, has undergone significant structural changes which have resulted in large increases in the rate of unemployment among...

This paper uses the Millennium Cohort Study to look at ethnic differences in birth outcomes for a cohort of English children born in 2000 and 2001. There is an increasingly large literature showing that longer gestation and higher birthweight are positively associated with cognitive and...