This paper studies how fiscal decentralization affects local services. It explores a 1993 reform that increased the fiscal autonomy of Italian municipalities by replacing government transfers with revenues from a local property tax. Our identification leverages cross-municipal variation in the...

After more than 15 years of transition, some of CIS countries face serious problems on their labour markets, in spite of significant economic growth in recent years, with weak job creation, employment contraction, decreasing activity rates, high unemployment, declining industries and labour...

This paper studies how and to what extent labor market friction affects individuals' schooling decisions. High job-finding rates and low job separation rates encourage schooling investment by extending the expected duration for exploiting the accumulated human capital. High job-to-job transition...

This paper studies the impact of having a cadre parent on the labor market performance and channels of the intergenerational transference. Using a recent data set, we find that college graduates with a cadre parent earn a wage premium of 4.46 percent more than those without. They also...

To fight negative trends in the youth labour market, policymakers around the world foster vocational education and training programmes (VET). We therefore investigate how the share of three upper secondary education programmes, i.e. general education, school-based VET, and dual VET, affect the...

Young people account for one fifth of the world’s population and according to the population projections of Planning Commission of India, they contribute to 22.8% of the Indian population. Majority of these young people constitute student population acquiring higher education who may...

This paper classifies Central and Eastern European (CEE) countries according to time-series data on wage ratios, tertiary education, and NEET rates from 2008 to 2021. Principal component analysis (PCA) and hierarchical cluster analysis (HCA) were used, first the combination of PCA and HCA for...