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Employment outlooks: Why forecast the labour market and for whom?

Neugart, Michael; Schömann, Klaus - 2002

This essay argues that experience from more than three decades of labour market forecasting shows that forecasting helps greasing the wheels of labour markets. Applied correctly - not in the sense of old fashioned manpower planning models - sufficiently disaggregated employment outlooks support...

Persistent link: https://www.econbiz.de/10010303935

Endogenous fluctuations in the demand for education

Neugart, Michael; Tuinstra, Jan - 2001

shocks alone. We develop a human capital investment model in an overlapping generations framework that features endogenous … looking prediction rules. Only if previous generations experience regret about their human capital investment decisions … flows to higher education. - expectations ; human capital investment ; endogenous fluctuations ; intergenerational spill …

Persistent link: https://www.econbiz.de/10010303986