With the help of the Markov chains, the paper analyzes the evolution of the educational process in Romania and attempts to forecast the higher education number of graduates that will enter the labor force. Also, according to the initial assumptions of the model, may be obtained information as regards the length of the learning process for every educational level.
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Volume (Year): 1 (2004) Issue (Month): 1 (February) Pages: 43-51 Download reference. The following formats are available: HTML
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Handle: RePEc:rjr:romjef:v:1:y:2004:i:1:p:43-51
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Find related papers by JEL classification: J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure