Human capital factor endowments have become one of the main determinants of international competitiveness. Both to catch up in the technological race and to increase the long-term flexibility of the workforce, industrialized countries require a highly skilled labour force. This paper analyzes...

In most industrialised countries, one may observe the tendency for higher educated people to be employed in jobs that used to be occupied by lower skilled people. Although this tendency appears to be a rather general phenomenon, economic literature provides no clear clue about the causes of this...

For the growing group of flexible workers, further investments in their human capital are even more important than for employees with permanent contracts, because the labour market position of flexible workers is continuously at risk. In this paper, we analyse the participation rate of flexible...

Until now there has been surprisingly little research on the causes of and the remedies for skills obsolescence. This study tries to fill that gap to some extent by analysing the relation between risk factors and skills obsolescence. Moreover, the role remedies play to counter skills...