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Towards a benchmark on the contribution of education and training to employability: methodological note

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  • Garrouste, Christelle

Abstract

The present report presents the methodological framework applied to define the benchmark on education for employability to be proposed to European Council in 2012. While the three first sections present the proposed indicator, the fourth section discusses the sensitivity of that indicator to a change in data source and its correlation with counterfactuals. Moreover, section 5 presents the forecasting approach applied to define the target level at the horizon 2020. Section 6 presents the results of the deterministic and stochastic forecasting models and section 7 concludes.

Suggested Citation

  • Garrouste, Christelle, 2011. "Towards a benchmark on the contribution of education and training to employability: methodological note," MPRA Paper 37153, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:37153
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    References listed on IDEAS

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    1. Quintini, Glenda & Martin, John P. & Martin, Sébastien, 2007. "The Changing Nature of the School-to-Work Transition Process in OECD Countries," IZA Discussion Papers 2582, Institute of Labor Economics (IZA).
    2. Garrouste, Christelle, 2010. "100 years of educational reforms in Europe: a contextual database," MPRA Paper 31853, University Library of Munich, Germany.
    3. Hendry, David F., 1995. "Dynamic Econometrics," OUP Catalogue, Oxford University Press, number 9780198283164.
    4. Robert A. Yaffee, 2010. "Forecast evaluation with Stata," United Kingdom Stata Users' Group Meetings 2010 10, Stata Users Group.
    5. Arulampalam, Wiji & Booth, Alison L & Taylor, Mark P, 2000. "Unemployment Persistence," Oxford Economic Papers, Oxford University Press, vol. 52(1), pages 24-50, January.
    6. Michael P. Clements & David F. Hendry, 2001. "Forecasting Non-Stationary Economic Time Series," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262531895, December.
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    1. repec:hal:journl:hal-03241701 is not listed on IDEAS
    2. Christelle Laetitia Garrouste & Margarida Rodrigues, 2014. "Employability of young graduates in Europe," International Journal of Manpower, Emerald Group Publishing Limited, vol. 35(4), pages 425-447, July.
    3. Garrouste, Christelle & Kozovska, Kornelia & Arjona Perez, Elena, 2010. "Education and Long-Term Unemployment," MPRA Paper 25073, University Library of Munich, Germany.
    4. Estelle Courtial & Christelle Garrouste, 2014. "Model Predictive Control Strategy to Forecast Employability in Earth Sciences," Post-Print insu-01114917, HAL.
    5. Garrouste, Christelle & Rodrigues, Margarida, 2012. "The employability of young graduates in Europe: Analysis of the ET2020 benchmark," MPRA Paper 49919, University Library of Munich, Germany.
    6. Christelle Garrouste, 2011. "Towards a Benchmark on the Contribution of Education and Training to Employability: Methodological Note. EUR 24616 EN," Working Papers hal-03245317, HAL.

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    Keywords

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    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • I20 - Health, Education, and Welfare - - Education - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • A21 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Pre-college

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