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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. Arulampalam, Wiji & Booth, Alison L & Taylor, Mark P, 2000. "Unemployment Persistence," Oxford Economic Papers, Oxford University Press, vol. 52(1), pages 24-50, January.
    3. Hendry, David F., 1995. "Dynamic Econometrics," OUP Catalogue, Oxford University Press, number 9780198283164.
    4. 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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    Cited by:

    1. Christelle Laetitia Garrouste & Margarida Rodrigues, 2014. "Employability of young graduates in Europe," International Journal of Manpower, Emerald Group Publishing, vol. 35(4), pages 425-447, July.
    2. Estelle Courtial & C Garrouste, 2014. "Model Predictive Control Strategy to Forecast Employability in Earth Sciences," Post-Print insu-01114917, HAL.
    3. 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.

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    More about this item

    Keywords

    European Benchmark; Employability; Graduates; Forecasting; Simulations;
    All these keywords.

    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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