The aim of this paper is to examine the evolution of recruitment of elites due to globalization. In the last century … recruitment may actually lead to class stratification and auto-recruitment. In this paper, I show that due to globalization, the … stratification effect will be even stronger. Globalization will bring about the formation of an international technocratic elite with …

This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments? incentives for education …

especially among skilled individuals will soon become relevant for a country's economy. Also of importance is education of … education worsens the situation. Therefore family planning as well as fertility providing and educational measures are of major … education of their parents by using a Cobb-Douglas utility function which implies that children and consumption are …

This paper is an empirical investigation of the complementarity between education and training in 13 European countries … higher among individuals with more education, I find that the relationship between individual educational attainment and … employment protection and a lower value of the Kaitz index. I also find evidence that individuals with more education and …

market. At the same time, education is a time-consuming process, and enrolment and dropout decisions depend on expected … in finding a job. Standard models of job search and education assume that skills can be upgraded instantaneously (and … mostly in the form of on-the-job training) at a fixed cost. This paper models education as a time-consuming process, a …

Parents with higher education levels have children with higher education levels. However, is this because parental … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely … that more able individuals who have higher education also have more able children? This paper proposes to answer this …

This paper is an empirical investigation of the complementarity between education and training in 13 European countries … higher among individuals with more education, I find that the relationship between educational attainment and training … Kaitz index. I also find evidence that individuals with more education and limited labor market experience enjoy higher …