Dominance of theory-based education is not well connected by the current practices. So, the knowledge delivered within higher education institutions cannot create adequate value in the market and in turn which causes the youth unemployment to become a chronicle problem. Therefore, work placement...

Denmark is often highlighted as a “flexicurity” country characterized by rather lax employment protection legislation, generous unemployment insurance, and active labor market policies. Despite a sharp and prolonged decline in employment in the wake of the Great Recession, high job turnover...

Labor market institutions shape the return to workers’ skills. They define the incentives of firms and workers to invest in general and specific skills, affecting the returns to experience and tenure. This paper presents an empirical assessment of this hypothesis. We take advantage of rich...