by Seamus McGuinness , Adele Bergin , Adele Whelan (June, 2018)
Overeducation describes the situation whereby workers are located in jobs for which they are deemed overqualified. This paper examines patterns in overeducation between countries using a specifically designed panel data set constructed from the quarterly Labour Force Surveys of 28 EU countries over a 12- to 15-year period. It is not the case that overeducation has been rising rapidly over time in all countries, and where overeducation has grown, the trend has been very gradual.
Furthermore, overeducation rates were found to be static or falling in approximately 50% of the 28 EU countries. The evidence points towards convergence in overeducation at a rate of 3.3% per annum. In terms of the determinants of overeducation we find evidence to support policies aimed at improving effective female participation, labour market flexibility and the practical aspects of educational provision as a means of reducing the incidence of overeducation within countries.
by Antti Kauhanen (June, 2018)
Labor market restructuring has sparked discussion on lifelong learning. One important question deals with the proper distribution of responsibility for the updating of skills. What is the responsibility of individuals, firms and the society?
To analyze this question, it is useful to see lifelong learning as an investment. It is an investment because it causes immediate costs, but the benefits accrue in the future. The benefits of lifelong learning accrue not only to the individual, but also to her employer and the society at large. The division of responsibility for the investment should depend on the division of the returns to the investment.
The returns to educational investments depend on the type of skills invested in and the functioning of the labor markets. Existing studies do not conclusively show whether there is under- or overinvestment in lifelong learning. More research on the effectiveness of adult education is needed to assess who benefits from lifelong learning and how much. Based on this information it would be possible to assess who should be making the training investments.
by Marie Vandresse (June, 2018)
This paper explores the possibility of building a multiregional migration model at the EU level based on Eurostat statistics on migration by country of previous and next residence, by country of birth or by citizenship. These statistics are used to build a consistent origin-destination matrix for the EU Member States. In this case, ’consistent’ means that the sum of all intra-EU movements should be equal to 0. This matrix is then used to compute migration rates between EU countries, which can be inserted into a multiregional population projection model.
This paper shows that the currently available official statistics on migration flows can be used to build a multiregional migration model at the EU level. Although more developments should be implemented to test and improve the model, it produces promising results.
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Time and place: 04/07/2018 in Brussels, Belgium
For three years running, CEPS has organised the Integrated Programme in European Policy Studies (IPEPS), as a complement to master’s degree programmes in universities across Europe. Thanks to financial support from the Erasmus+ programme, IPEPS has increased the understanding among European students of real-life policy issues facing EU leaders, built valuable networks of students from … Continued
Time and place: 05/07/2018 in The Hague, Netherlands
Wage growth has been sluggish in both the US and EU over the past six years. This initially looked like a ripple effect of the Great Recession and part of a cyclical adjustment of labor markets on both sides of the Atlantic. Now, however, lackluster wage growth continues in spite of very tight labor markets … Continued
Time and place: 02/07/2018 in Brussels, Belgium
Book Presentation: “Digitized Labor: the Impact of the Internet on Employment” by Lorenzo Pupillo, Eli Noam and Len Waverman This book provides new evidence for the Impact of the Internet on jobs. All of the empirical articles indicate that the Internet has indeed created many new jobs, but that a large number of jobs may … Continued
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