Binomial logit models are commonly used in the analysis of the situation of respondents on the labour market. Consequently, in most cases researchers consider two states: of being unemployed and employed or economically inactive and active. This paper focuses on the situation of young people...

This volume contains original research articles which analyze the linkages between education and skills and the causes and consequences of different types of skill mismatch. The volume yields new insights regarding overeducation, underskilling, graduate jobs, wages returns to skills, aggregate...

How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and estimate a search and matching model for workers with a VET degree. Workers differ in interpersonal, cognitive and manual skills, while firms require and value different...