Few people doubt that education is valuable for individuals and that a well-educated society benefits each country. But many do not fully understand the magnitude of impact of high-quality education on economic wellbeing. This report provides an analysis of the economic benefits of educational i...
Typically, the benefits of education to society have been estimated by relating a measure of educational attainment, such as years of schooling, to market earnings. Recent research, however, has shown that education’s effect extends well beyond what can be readily observed in the labour market, ...
The share of women achieving tertiary education has increased rapidly over time and now exceeds that of men. Yet they are severely under-represented in maths-intensive science fields (generally known as science, technology, engineering and maths or STEM). Because of the economic importance attac...
While international mobility has developed into a major driver of population change in the European Union, people with immigrant background in the Member States continue to be placed in disadvantaged socio-economic positions. They are often hampered by a lack of host country specific skills and ...
In education policy, as in many other policy fields, well-designed policy reforms may fail to get enacted because policymakers may suddenly become confronted with a public backlash against their reform agenda. Thus, understanding the dynamics of public opinion is important in order to be able to...
Vocational skills are job-specific skills that prepare for work in specific occupations. By contrast, the usage of general skills transcends specific occupations. In dynamically changing economies, this difference implies a basic trade-off between vocational and general education programs for la...
Governments have been looking for ways to reduce the costs and maximise the benefits of higher education. Fostering cooperation between higher education institutions is one of the strategic options chosen by European countries in order to enhance the effectiveness and efficiency of their higher ...
This report quantifies the economic benefits of educational improvement for each of the EU countries. The analysis focuses on the relationship between educational achievement (as measured by the Programme for International Student Assessment (PISA)) and the long-run growth of nations. Building o...