In this paper, I show that displacement of high-school workers from routine jobs can be understood as the labour-market response to an adverse selection problem. The adverse selection problem arises because employment contracts do not systematically discriminate against education, even though...

Based on unique data from the second wave of the Cedefop European skills and jobs survey (ESJS2), this study examines the drivers of labour shortages in European labour markets. Detailed information on foundation, digital, manual, and interpersonal job-skill requirements in European labour...

This working paper aims to critique the emergence of microcredentials in vocational education and training. It argues that considering microcredentials as a new tool to reorient higher or academic education overlooks the potential of vocational and professional education as well as its aim to...