Overeducation in Europe: trends, convergence, and drivers

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 … Continued

The role of individuals, firms and the society in lifelong learning

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 … Continued

Multiregional Population Projection Model at the EU level

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 … Continued

New report on transition risks for the Polish finance sector

by Maciej Bukowski, Aleksander Śniegocki, Zofia Wetmańska, Joanna Wis-Bielewicz
June, 2018

In the near future, more stringent climate policies will affect economic performance of coal and other fossil fuel assets. According to the new report by Warsaw-based independent think tank WiseEuropa Institute – “The climate finance domino. Transition risks for the Polish financial sector” – this issue is particularly significant for Poland. The country faces a … Continued

The ‘wealth-being’ of single parents

by Eva Sierminska
May, 2018

In this chapter, we have examined the economic well-being of single parents in a cross-national perspective and compared their wealth to that of other family types. Across seven countries that represent various welfare systems, we have found similarities and differences in economic well-being as measured by wealth. In most countries, single parents have less than … Continued

Globalizing labor and the world economy: the role of human capital

by Marco Delogu, Frédéric Docquier, Joël Machado
May, 2018

We develop a dynamic model of the world economy that jointly endogenizes individual decisions about fertility, education and migration. We then use it to compare the short- and long-term effects of immigration restrictions on the world distribution of income. Our calibration strategy replicates the economic and demographic characteristics of the world, and allows us to … Continued