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Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment. Addressing this problem requires the use of active...
Persistent link: https://www.econbiz.de/10011432202
The paper provides an account of innovative financing mechanisms which have been adopted in many national training systems. These mechanisms aim at correcting shortcomings of conventional training finance systems in order to better meet labor market needs, improve both the quality and relevance...
Persistent link: https://www.econbiz.de/10011456798
This paper studies optimal education subsidies when parental transfers are unequally distributed across students and … similar family resources, I examine its implications for how the education subsidy should vary with schooling level and family …
Persistent link: https://www.econbiz.de/10011965782
accumulation, to quantify the optimal progressivity of higher education subsidies. I find that the optimal policy is characterised … by a higher degree of progressivity than current U.S. education subsidies. Additionally, the relation between … progressivity of education policy and welfare/population growth is hump-/U-shaped respectively. While an assumption of endogenous …
Persistent link: https://www.econbiz.de/10012921936
This paper analyzes the effectiveness of three different types of education policies: tuition subsidies (broad based … quantitative theory of college within the context of general equilibrium overlapping generations economy. College is modeled as a … statistics regarding education (enrollment rate, dropout rate, and time to degree) while matching the observed aggregate wage …
Persistent link: https://www.econbiz.de/10012728523
Higher education is subsidized worldwide, although with pronounced differences in levels of subsidization. While public … children from poorer family backgrounds to join universities. The other argument holds that higher education is accompanied by … positive externalities. Without subsidization, so the story reads, there would be an underinvestment in higher education. This …
Persistent link: https://www.econbiz.de/10013080389
We assume that students can acquire a wage premium, thanks to studies, and form a rational expectation of their future earnings, which depends on personal ability. Students receive a private, noisy signal of their ability, and universities can condition admission decisions on the results of...
Persistent link: https://www.econbiz.de/10013319262
transition dynamics at play. A purpose-built dynamic Computable General Equilibrium model is deployed with a unique Social …
Persistent link: https://www.econbiz.de/10014172436
Traditional apprenticeships based on private arrangements are widespread in developing countries. Public interventions have attempted to address failures in the apprenticeship markets to expand access or improve training quality. Subsidized dual apprenticeships have the potential to address...
Persistent link: https://www.econbiz.de/10012138826
We use a regression discontinuity design and difference-in-differences estimators to estimate the impact of a one-shot hiring subsidy for low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy increases job-finding in the private sector by 10 percentage points...
Persistent link: https://www.econbiz.de/10014348578