We analyze the effect of education on wages using German Socio-Economic Panel data and regional variation in mandatory years of schooling and the supply of schools. This allows us to estimate more than one local average treatment effect and heterogeneous effects for different groups of...

This thesis consists of an introductory part and four papers. <p> Paper [I] estimates jointly the choice of whether to enroll in education and the choice of location among young people. Being a particularly mobile group, the location choices of young individuals shape much of the regional...</p>

Germany can be taken as a reference case for reforming activities called for by the recent economic crisis. In this article we revise recent reforms in the labour market and in the educational sector. This reforms were effective in containing the unemployement, especialy of young people, without...

Are apprenticeships valuable for firms? Economists once thought that firms do not pay to develop occupational skills that workers could use in other, often competing, firms. Now, researchers recognize that most firms benefit from investing in apprenticeship training. Firms gain from the...

The unemployment rate among young people has reached painfully high levels, in particular among those young people with low levels of education. There are two crucial policy priorities to improve employment prospects for youth in Spain. First, in the very short term, there is need for quick...

The NZ labour market is among the most flexible in the OECD, and outcomes for its young people have been among the best. However, labour-market opportunities are heavily determined by initial education, where New Zealand’s system is also successful and innovative in many ways. Average PISA...

Germany can be taken as a reference case for reforming activities called for by the recent economic crisis. In this article we revise recent reforms in the labour market and in the educational sector. This reforms were effective in containing the unemployement, especialy of young people, without...

The article consists of theoretical and analytical part. Theoretical part provides a brief review of the academic literature dealing with human capital, it´s accumulation and obsolescence. In The second part analyses selected qualitative characteristics of adult population in the CR and...

Thurow’s job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a...

From the perspective of the Chicago school, there is no behaviour that is not interpretable as economic. In this paper, we discuss the assertion in the perspective of an optimal constitution and exploitation of Human Capital, through our conceptual framework named Emotional Capital (EC)....