California’s “master plan” is arguably the most influential effort to plan the future of a system of higher education in American history. But there is confusion about how the Master Plan came about, what it said, and whether it is still relevant. The Master Plan’s historic...

Summary Even though the 2008/09 economic crisis had only minor employment effects on the German labor market, it might have affected firms’ further training and apprenticeship training behavior. From a theoretical point of view, the impact of the business cycle on firms’ training behaviour...

Summary There is a broad consensus that the likelihood of becoming an entrepreneur is not only influenced by individual characteristics but also by spatial context conditions. However, context factors are not per se stable; they tend to vary over time which is particularly relevant during...

Summary This paper investigates the development of skill shortages during the period 2007-2012. Using the German Establishment Panel of the Institute for Employment Research (IAB), we find differences across the years before, during and after the Great Recession. Furthermore, we analyze the...

Abstract The Great Recession in Germany was noticed only seven months after its onset. This study examines whether the available data could have helped to predict or identify the crisis in real time. After assessing the accuracy of previous recession forecasts, we examine that of forecasts...

Abstract This paper examines five possible explanations for the Great Recession of 2008 and 2009, using data for the United States and the eurozone. Of these five hypotheses, four are not supported by the data, while the fifth appears reasonable.

Purpose The purpose of this paper is to assess the impact of the Great Recession (2008-2014) on the labor market profiles and integration process in the European Union (EU26) and in the 12 historical Eurozone countries. Design/methodology/approach This study assesses the impact of the crisis,...

Purpose The economic literature starting with Borjas (2001) suggests that immigrants are more flexible than natives in responding to changing sectoral, occupational and spatial shortages in the labor market. The purpose of this paper is to study the relative responsiveness to labor shortages by...