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Education, Training and Labour Market Outcomes

  • Daniele Checchi
  • Claudio Lucifora

Abstract

Education and training have been at the forefront of public policy discussions and government policy making in most European countries in recent decades. A significant number of educational reforms have been implemented and others are pending. One of the reasons for this continuous attention to education and education policies is the strategic importance that the accumulation of knowledge has gained in the functioning of modern economies. Investment in human capital, in the form of education and work-based training, has proved a powerful way of improving individuals’ employability, wages and lifetime earnings. At the macroeconomic level there is evidence that investment in education is crucial for countries’ economic growth, productivity and competitiveness.

Keywords

Education System Private School Private Institution Labour Market Outcome Labour Market Institution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Breen, R., Iannelli, C. and Shavit, Y. (1998) ‘Occupational returns to education in Italy: a consideration of rational action theory of university attendance’, European University Institute, Florence.Google Scholar
  2. Murphy, K., Shleifer, A. and Vishny, R. (1990) ‘The allocation of talent: implication for growth’, Quarterly Journal of Economics, May, pp. 503–30.Google Scholar
  3. Thurow, L. (1975) Generating Inequalities (New York: Basic Books).CrossRefGoogle Scholar

Copyright information

© Daniele Checchi and Claudio Lucifora 2004

Authors and Affiliations

  • Daniele Checchi
  • Claudio Lucifora

There are no affiliations available

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