It is widely believed today, that the operation of the labour markets is influenced by institutional factors, affecting macroeconomic adjustment in response to shocks. In this way, labour market institutions affect both cyclical and long-term growth and inflation performance of an economy. The...

The paper attempts to identify causal effects of being enrolled in different educational tracks on student achievement in upper-secondary education in Hungary. Rejected and admitted students are compared who applied to the same school and performed similarly in the previous grade. Average...

The paper analyses disparities in local education expenditures at the settlement and school level n Hungary. It is shown that local average income, which is a major element of the local government budget constraint, has a strong impact on school expenditures, especially in towns. This lack of...

The paper presents a detailed description of the ISMIK model which was developed as a part of "Priority project TÁMOP - 2.3.2-09/1 Establishing labour market forecasts and foreseeing structural changes". The ISMIK model is a dynamic microsimulation model to project individuals' educational...

While most empirical studies document that cognitive and social skills are strong predictors of individual earnings, their impact is not homogenous in space. We argue that dense urban settings utilize cognitive and social skills more intensively than rural areas, therefore the labour market...

This paper aims at the evaluation of the reform of vocational education introduced in 1998 in Hungary. The reform extended the duration of education by one year, and increased teaching time spent on non-vocational subjects. The reform affected two of the three tracks in upper-secondary education...

We estimate preferences for school tracks in upper secondary education in Hungary. We consider travel time, school SES composition, school level (in terms of peer quality) and school quality (in terms of added value). We find that students have stronger preferences for school SES composition and...