IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2023v3p206-220.html
   My bibliography  Save this article

Dimensions And Indicators Used In The Analysis Of The Education - Labour Market Relationship

Author

Listed:
  • COJOCARU ANDREI VALENTIN

    (UNIVERSITY OF CRAIOVA, FACULTY OF ECONOMICS, DEPARTMENT OF ECONOMICS, ACCOUNTING AND INTERNATIONAL AFFAIRS)

  • NACHE CIMPOERU MARIA

    (UNIVERSITY OF CRAIOVA, FACULTY OF ECONOMICS, DEPARTMENT OF ECONOMICS, ACCOUNTING AND INTERNATIONAL AFFAIRS)

  • CALIN OANA ALEXANDRA

    (GRIGORE ALEXANDRU GHICA MILITARY SCHOOL)

Abstract

The ongoing evolution and rapid transformations occurring in the labor market, influenced by economic progress, are leading to the emergence of novel job roles and substantial modifications in conventional occupations. These changes underscore the importance of adapting educational systems to anticipate the future demands of the labor market, ensuring seamless transitions for individuals from educational institutions to the workforce. Education and employment are interdependent. On one hand, the European Union (EU) and its member states require an effective education system that equips individuals with skills aligned with labor market demands. However, it is also imperative to provide a proficient and inventive workforce market that amplifies efficiency while fostering individual growth and societal integration within the population. The key dimensions frequently analyzed to characterize the state of the education market and evaluate its implications on the labor market include the demand for education (participation rates in education), characteristics of the education supply (financial aid for tertiary education), and outcomes of the educational system (early school leavers, tertiary graduates, youth not in employment, education, or training). To gather relevant information, the statistical database Eurostat, Tempo-online (National Institute of Statistics), as well as data provided by the European Commission, the Council of the Union, and the European Parliament were utilized.

Suggested Citation

  • Cojocaru Andrei Valentin & Nache Cimpoeru Maria & Calin Oana Alexandra, 2023. "Dimensions And Indicators Used In The Analysis Of The Education - Labour Market Relationship," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 206-220, June.
    • Handle: RePEc:cbu:jrnlec:y:2023:v:3:p:206-220
    as

    Download full text from publisher

    File URL: https://www.utgjiu.ro/revista/ec/pdf/2023-03/25_Cojocaru.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. George Psacharopoulos & Harry Anthony Patrinos, 2004. "Returns to investment in education: a further update," Education Economics, Taylor & Francis Journals, vol. 12(2), pages 111-134.
    2. Rubb, S., 2003. "Overeducation in the labor market: a comment and re-analysis of a meta-analysis," Economics of Education Review, Elsevier, vol. 22(6), pages 621-629, December.
    3. Gary S. Becker, 1964. "Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, First Edition," NBER Books, National Bureau of Economic Research, Inc, number beck-5, June.
    4. Laura DIACONU (MAXIM), 2014. "Education and labour market outcomes in Romania," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 5, pages 99-112, June.
    5. Zhao Li & Yujing Chu, 2023. "Is Hierarchical Education Investment Synergistic? Evidence from China’s Investment in General and Advanced Education," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1522-1537, June.
    6. Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66(4), pages 281-281.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sorin Tudor & Teodor Florin Cilan & Luiza Loredana Năstase & Mihaela Loredana Ecobici & Elena Rodica Opran & Andrei Valentin Cojocaru, 2023. "Evolution of Interdependencies between Education and the Labor Market in the View of Sustainable Development and Investment in the Educational System," Sustainability, MDPI, vol. 15(5), pages 1-24, February.
    2. Ralph Hippe & Roger Fouquet, 2024. "The Human Capital Transition and the Role of Policy," Springer Books, in: Claude Diebolt & Michael Haupert (ed.), Handbook of Cliometrics, edition 3, pages 411-457, Springer.
    3. Christian K. Darko & Kennedy K. Abrokwa, 2020. "Do you really need it? Educational mismatch and earnings in Ghana," Review of Development Economics, Wiley Blackwell, vol. 24(4), pages 1365-1392, November.
    4. Flabbi, Luca & Paternostro, Stefano & Tiongson, Erwin R., 2008. "Returns to education in the economic transition: A systematic assessment using comparable data," Economics of Education Review, Elsevier, vol. 27(6), pages 724-740, December.
    5. Beine, Michel & Noël, Romain & Ragot, Lionel, 2014. "Determinants of the international mobility of students," Economics of Education Review, Elsevier, vol. 41(C), pages 40-54.
    6. Zagudalova, E. & Grigorieva, S. & Zueva, S., 2024. "Does the education and experience of CEO matter? Evidence from M and As initiated by the Russian companies," Journal of the New Economic Association, New Economic Association, vol. 64(3), pages 103-127.
    7. Louise Devos & Louis Lippens & Dries Lens & François Rycx & Mélanie Volral & Stijn Baert, 2025. "Labour Market Disadvantages of Citizens with a Migration Background in Belgium: A Systematic Review," De Economist, Springer, vol. 173(1), pages 121-175, March.
    8. Leandro Prados de la Escosura & Joan R. Rosés, 2021. "Accounting For Growth: Spain, 1850–2019," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 804-832, July.
    9. Hans‐Peter Y. Qvist & Anders Holm & Martin D. Munk, 2021. "Demand and Supply Effects and Returns to College Education: Evidence from a Natural Experiment with Engineers in Denmark," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(2), pages 676-704, April.
    10. Hermannsson, Kristinn & Lisenkova, Katerina & Lecca, Patrizio & McGregor, Peter G & Swales, J Kim, 2010. "The Importance of Graduates for the Scottish Economy: A Micro-to-Macro Approach," SIRE Discussion Papers 2010-80, Scottish Institute for Research in Economics (SIRE).
    11. Tan, Clifford, 2013. "The contribution of university rankings to country's GDP per capita," MPRA Paper 53900, University Library of Munich, Germany.
    12. Francesca Giambona & Mariano Porcu & Isabella Sulis, 2023. "Does education protect families' well-being in times of crisis? Measurement issues and empirical findings from IT-SILC data," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 32(1), pages 299-328, March.
    13. Ondoua Ondoua, Valerie Hervé & Ntieche, Adamou & Nzepang, Fabrice & Mbondo, Georges Dieudonné, 2025. "Réexamen du lien entre formation et rendement agricole : cas des cacaoculteurs du grand sud au Cameroun [Re-examining the link between training and agricultural yield: the case of cocoa farmers in ," MPRA Paper 125689, University Library of Munich, Germany.
    14. Martin Carree & Emilio Congregado & Antonio Golpe & André van Stel, 2015. "Self-employment and job generation in metropolitan areas, 1969-2009," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 27(3-4), pages 181-201, April.
    15. Yubilianto, 2020. "Return to education and financial value of investment in higher education in Indonesia," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-28, December.
    16. Agamoni Majumder & S. Madheswaran, 2022. "Discounting Long-Term Job-Related Health Risks in the Context of Indian Workers," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 65(4), pages 1099-1120, December.
    17. Guillaume Daudin, 2006. "Paying Transaction Costs," Documents de Travail de l'OFCE 2006-14, Observatoire Francais des Conjonctures Economiques (OFCE).
    18. Ludger Wößmann, 2008. "Efficiency and equity of European education and training policies," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 15(2), pages 199-230, April.
    19. Stephen G. Zimmer, 2023. "Rethinking the role of human Capital in Growth Models," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 36(4), pages 567-588, December.
    20. Barry R. Chiswick, 2006. "Jacob Mincer, Experience and the Distribution of Earnings," Springer Books, in: Shoshana Grossbard (ed.), Jacob Mincer A Pioneer of Modern Labor Economics, chapter 10, pages 109-126, Springer.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2023:v:3:p:206-220. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae The email address of this maintainer does not seem to be valid anymore. Please ask Ecobici Nicolae to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.