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...

Non-cognitive skills are important predictors of success on the labour market and in many areas of economic and social life. This paper explores the current literature on the economics of non-cognitive skill formation and the most important explanatory factors behind the recent boost of the...

Institutions of the liberal democracies of the developed Western world are increasingly insufficient to deal with the ever worsening of social problems associated with technological progress, the rapid economic transformation of the economy, the demographic issues and the acceleration of...

Non-cognitive skills are important predictors of success on the labour market and in many areas of economic and social life. This paper explores the current literature on the economics of non-cognitive skill formation and the most important explanatory factors behind the recent boost of the...

Institutions of the liberal democracies of the developed Western world are increasingly insufficient to deal with the ever worsening of social problems associated with technological progress, the rapid economic transformation of the economy, the demographic issues and the acceleration of...

In this paper, we investigate how much of the wage differences between workers and districts is explained by employee and employer characteristics and by differences in regional characteristics. For this purpose, we use the Ministry of Finance's annual wage survey, which provides detailed data...

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...

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...

Built upon data from 11 subsequent waves of yearly wage surveys carried out by the National Labour Center in Hungary from 1992 to 2003, the paper examines, with the use of elementary statistical tools, whether or not earnings fluctuations differed in size among groups of employees with different...