Enrollment rates to higher education reveal quite large variation over time which cannot be explained by productivity … fluctuations in the demand for education. Agents are heterogeneous in their beliefs about future wage differentials. An … belief. Costly access to information on the returns to education induces agents to use potentially destabilizing backward …

into account the interaction between education and work experience. Forecasts show that growth will be weaker over the …

Enrolment rates to higher education reveal quite large variation over time which cannot be explained by productivity … fluctuations in the demand for education. Agents are heterogeneous in their beliefs about future wage differentials. An … belief. Costly access to information on the returns to education induces agents to use potentially destabilizing backward …

. For this purpose, we develop a novel long-run forecast framework based on enodogenous growth theory with human and fixed … prevented by increasing fertility, skilled immigration, education or employment, even reaching a growth rate of one per cent …