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During the economic crises in the years following 2008, policymakers of various governments regularly hit the alarm bells about the dire situation of marginalized youth in various European countries. Early-career inactivity turns Not in Education, Employment, or Training (NEETs) into the most...
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This book studies young people who are Not in Education, Employment, or Training (NEET); a prime concern among policymakers. Moving past common interpretations of NEETs as a homogeneous group, it asks why some youth become NEET, whereas other do not. The authors analyse diverse school-to-work...
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The behavioral economics literature on time discounting has suggested that individuals may systematically undersave when planning for retirement. Hence, pension systems have developed to enable, or indeed force, individuals to save more for retirement. Of course, the saving aspect and the timing...
Persistent link: https://www.econbiz.de/10009001850
There is an enduring belief by UK policymakers that a large higher education sector is an important driver of long-run economic growth, which has been part of the narrative since the Robbins Report. Back then, there was plenty of conjecture and assumption, but strikingly little concrete evidence...
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This paper provides an assessment of Goos and Manning's (2007) polarised or 'hour-glass' labout market thesis, which they claim has been caused by a period of routinisation where labout engaged in routine task occupations has been replaced by computer capital. It uses data taken from two waves...
Persistent link: https://www.econbiz.de/10009441536
Diamond and Koszegi [Diamond, P. and Koszegi, B. (2003), "Quasi-Hyperbolic Preferences and Retirement," Journal of Public Economics, 87: 1839-1972] have argued that quasi-hyperbolic discounting can cause dynamic inconsistency in planning when to retire as well as in consumption plans. This...
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