The transition out of education and the initial steps into the labour market in the European Union
The general aim of this research is the study of transitions from education and into the labour market among youths under a simultaneous framework in order to control for the interdependency of such relevant events. An extended version of the human capital model has been applied using the European Community Household Panel. The empirical strategy has aimed at reflecting the independent and simultaneous determination of both labour market and education transitions. Results show that the expected labour market outcomes do not significantly contribute to explain demand for education, other factors being more important. Finally, in the school-to-work transition, demand-side and institutional factors turn to be very important, education attainment effects being blurred by the nature of our sample (students in different points of their programmes).
|Date of creation:||Jan 2004|
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- Alan S Blinder & Yoram Weiss, 1974.
"Human Capital and Labor Supply: A Synthesis,"
435, Princeton University, Department of Economics, Industrial Relations Section..
- Cecilia Albert Verdú & Luis Toharia Cortés & Rosario Sánchez Pérez & Juan Pablo Juárez, 1998. "- Las Transiciones De Los Jóvenes De La Escuela Al Mercado De Trabajo: Un Análisis De Flujos," Working Papers. Serie EC 1998-24, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Caquel, Elena, 2003. "A effect of labour market conditions and family background on educational attainment of Spanish youngsters," ISER Working Paper Series 2003-01, Institute for Social and Economic Research.
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