The paper examines the labour-market position of persons with the higher-education diploma in Hungary. First, using simple labour-market indicators and international-comparison data, we find that persons with the higher-education diploma in Hungary are in a relatively good position in terms of...

By making use of Duncan & Hoffman's empirical model, the economic returns to overeducation and undereducation are estimated using comparable microdata from the middle of the 2000s for 25 European countries. The estimates confirm some of the main results found in the literature. The wage premium...

Using the 2004 income survey of the Hungarian Central Statistical Office we consider the targeting of two types of unemployment-related benefits: a) unemployment insurance and re-training benefits and b) the unemloyment assistance (UA). The evidence suggests that unemployment-related benefits...

The paper investigates exit probabilities of registered unemployed to active labour market programmes using administrative records from the unemployment register of the Hungarian National Labour Centre. We estimate parametric duration models that summarise variation in exit probabilities with...