Download or read book Dynamic Skill Development and Labor Market Outcomes written by John Brauer and published by . This book was released on 2019 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first chapter investigates the presence of statistical discrimination in the labor market. The Children of the NLSY79 data are used to link early-age home environment measures to educational attainment measures and labor market outcomes. While both black and white children with higher measured home inputs sort into higher levels of educational attainment, this positive sorting pattern is significantly stronger for black children. Estimates also reveal that, after controlling for a variety of skill measures, the residual black-white wage gap is large for high school dropouts and narrows rapidly with additional educational attainment. For college-goers, measured skills can account for the entire black-white wage gap. These patterns are consistent with a scenario in which employers use both race and education credentials to form expectations about elements of worker productivity formed through early-age inputs. Under plausible and partially testable identifying assumptions, the results imply that a portion of the black-white wage gap for low-education workers reflects statistical discrimination in the labor market. Skill development in college and on the job can depend not only on the quality of investments but also on the order in which these investments are made. The second chapter explores which types of occupational investments complement college best when performed before college entry and which types are more productive after college completion. A learning-by-doing model with both college entry timing and early-career occupation choices produces several key insights. Data from the NLSY79 are linked with abstract and routine occupational task content data, and relationships between college entry timing, early-career occupation choices, and future earnings trajectories are documented. Estimates suggest that abstract-intensive occupations are more beneficial for skill development just after college, whereas routine-intensive occupations are more beneficial for skill development before college. Accordingly, delayed college entrants choose more routine-intensive early-career occupations, and immediate college entrants choose more abstract-intensive early-career occupations. The results also indicate that high school graduates with high levels of abstract skills face the largest penalty for delaying college entry.
Download or read book Structural Change and Dynamics of Labor Markets in Bangladesh written by Selim Raihan and published by Springer. This book was released on 2018-08-29 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project “Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty,” sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank’s classification system. By 2024, the country also aspires to graduate from the United Nation’s list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.
Download or read book Handbook of Contemporary Education Economics written by Geraint Johnes and published by Edward Elgar Publishing. This book was released on 2017-12-29 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides a comprehensive overview of the modern economics of education literature, bringing together a series of original contributions by globally renowned experts in their fields. Covering a wide variety of topics, each chapter assesses the most recent research with an emphasis on skills, evaluation and data analytics.
Download or read book The Right Skills for the Job written by Rita Almeida and published by World Bank Publications. This book was released on 2012-07-13 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revisits skills development policies and points to new directions for making training programs more effective and responsive in increasingly competitive labor market.
Download or read book Building America s Skilled Technical Workforce written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-06-04 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Skilled technical occupationsâ€"defined as occupations that require a high level of knowledge in a technical domain but do not require a bachelor's degree for entryâ€"are a key component of the U.S. economy. In response to globalization and advances in science and technology, American firms are demanding workers with greater proficiency in literacy and numeracy, as well as strong interpersonal, technical, and problem-solving skills. However, employer surveys and industry and government reports have raised concerns that the nation may not have an adequate supply of skilled technical workers to achieve its competitiveness and economic growth objectives. In response to the broader need for policy information and advice, Building America's Skilled Technical Workforce examines the coverage, effectiveness, flexibility, and coordination of the policies and various programs that prepare Americans for skilled technical jobs. This report provides action-oriented recommendations for improving the American system of technical education, training, and certification.
Download or read book Anticipating and Preparing for Emerging Skills and Jobs written by Brajesh Panth and published by Springer Nature. This book was released on 2020-11-02 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyzes the main drivers that are influencing the dramatic evolution of work in Asia and the Pacific and identifies the implications for education and training in the region. It also assesses how education and training philosophies, curricula, and pedagogy can be reshaped to produce workers with the skills required to meet the emerging demands of the Fourth Industrial Revolution. The book’s 40 articles cover a wide range of topics and reflect the diverse perspectives of the eminent policy makers, practitioners, and researchers who authored them. To maximize its potential impact, this Springer-Asian Development Bank co-publication has been made available as open access.
Download or read book The Political Economy of Collective Skill Formation written by Marius R. Busemeyer and published by OUP Oxford. This book was released on 2011-11-24 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Education, skill formation, and training continue to be important areas of consideration for both public policy and research. This book examines the particular types of vocational training known as collective skill formation systems, whereby the training (often firm-based apprenticeships) is collectively organized by businesses and unions with state support and cooperation in execution, finance, and monitoring. With contributions from leading academics, this book is the first to provide a comprehensive analysis of the varying historical origins of, and recent developments in, vocational training systems, offering in-depth studies on coordinated market economies, namely Germany, Austria, Switzerland, the Netherlands, and Denmark. It also contains comparative chapters that analyse how these countries react to common challenges such as deindustrialization, labour market stratification, academic drift, gender inequalities, and Europeanization. Whereas previous research has focused on the differences between various kinds of skill regimes, this book focuses on explaining institutional variety within the group of collective skill formation systems. The development of skill formation systems is regarded as a dynamic political process, dependent on the outcome of various political struggles regarding such matters as institutional design and transformations during critical junctures in historical development.
Download or read book Social Preferences Skill Segregation and Wage Dynamics written by and published by Fundacion BBVA. This book was released on with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investing in America s Workforce written by Carl E. Van Horn and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Skill Mismatch in Labor Markets written by Solomon W. Polachek and published by Emerald Group Publishing. This book was released on 2017-05-15 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains original research articles which analyze the linkages between education and skills and the causes and consequences of different types of skill mismatch. The volume yields new insights regarding overeducation, underskilling, graduate jobs, wages returns to skills, aggregate productivity, job complexity and skill development.
Download or read book Banks Firms and Jobs written by Fabio Berton and published by International Monetary Fund. This book was released on 2017-02-14 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the employment effects of financial shocks using a rich data set of job contracts, matched with the universe of firms and their lending banks in one Italian region. To isolate the effect of the financial shock we construct a firm-specific time-varying measure of credit supply. The contraction in credit supply explains one fourth of the reduction in employment. This result is concentrated in more levered and less productive firms. Also, the relatively less educated and less skilled workers with temporary contracts are the most affected. Our results are consistent with the cleansing role of financial shocks.
Download or read book World Development Report 2013 written by World Bank and published by World Bank Publications. This book was released on 2012-10 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jobs provide higher earnings and better benefits as countries grow, but they are also a driver of development. Poverty falls as people work their way out of hardship and as jobs empowering women lead to greater investments in children. Efficiency increases as workers get better at what they do, as more productive jobs appear, and less productive ones disappear. Societies flourish as jobs bring together people from different ethnic and social backgrounds and provide alternatives to conflict. Jobs are thus more than a byproduct of economic growth. They are transformational —they are what we earn, what we do, and even who we are. High unemployment and unmet job expectations among youth are the most immediate concerns. But in many developing countries, where farming and self-employment are prevalent and safety nets are modest are best, unemployment rates can be low. In these countries, growth is seldom jobless. Most of their poor work long hours but simply cannot make ends meet. And the violation of basic rights is not uncommon. Therefore, the number of jobs is not all that matters: jobs with high development payoffs are needed. Confronted with these challenges, policy makers ask difficult questions. Should countries build their development strategies around growth, or should they focus on jobs? Can entrepreneurship be fostered, especially among the many microenterprises in developing countries, or are entrepreneurs born? Are greater investments in education and training a prerequisite for employability, or can skills be built through jobs? In times of major crises and structural shifts, should jobs, not just workers, be protected? And is there a risk that policies supporting job creation in one country will come at the expense of jobs in other countries? The World Development Report 2013: Jobs offers answers to these and other difficult questions by looking at jobs as drivers of development—not as derived labor demand—and by considering all types of jobs—not just formal wage employment. The Report provides a framework that cuts across sectors and shows that the best policy responses vary across countries, depending on their levels of development, endowments, demography, and institutions. Policy fundamentals matter in all cases, as they enable a vibrant private sector, the source of most jobs in the world. Labor policies can help as well, even if they are less critical than is often assumed. Development policies, from making smallholder farming viable to fostering functional cities to engaging in global markets, hold the key to success.
Download or read book Reskilling the Workforce in the Labor Market The Country Cases written by Meçik, Oytun and published by IGI Global. This book was released on 2024-03-05 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the dynamic model of today's workforce, marked by technological upheavals, changing consumer preferences, and global economic shifts, a pressing challenge looms large – the imperative for continuous adaptation through reskilling. As the demand for specialized skills intensifies with technological advancements and the nature of work undergoes profound transformations, individuals, employers, and societies grapple with the need to stay competitive. The book Reskilling the Workforce in the Labor Market: The Country Cases emerges as a beacon of solutions in this complex terrain, addressing the critical facets of reskilling that are pivotal for thriving in the future job market. The workforce is confronted with multifaceted challenges, ranging from the disruptive impact of automation to the complexity of evolving job roles in a service-oriented economy. Individuals face the risk of being left behind if they do not acquire the necessary skills and education, while employers contend with productivity gaps and high turnover due to a mismatch between job demands and employee capabilities. Moreover, societal issues such as skill gaps and rising unemployment call for a concerted effort to establish a culture of lifelong learning. The high cost and limited availability of training programs, along with time constraints and resistance to change, further compound the challenges individuals and organizations face in navigating this reskilling imperative.
Download or read book The Age of STEM written by Brigid Freeman and published by Routledge. This book was released on 2014-10-24 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across the world STEM (learning and work in Science, Technology, Engineering and Mathematics) has taken central importance in education and the economy in a way that few other disciplines have. STEM competence has become seen as key to higher productivity, technological adaptation and research-based innovation. No area of educational provision has a greater current importance than the STEM disciplines yet there is a surprising dearth of comprehensive and world-wide information about STEM policy, participation, programs and practice. The Age of STEM is a state of the art survey of the global trends and major country initiatives in STEM. It gives an international overview of issues such as: STEM strategy and coordination curricula, teaching and assessment women in STEM indigenous students research training STEM in the graduate labour markets STEM breadth and STEM depth The individual chapters give comparative international analysis as well as a global overview, particularly focusing on the growing number of policies and practices in mobilising and developing talent in the STEM fields. The book will be of particular interest to anyone involved in educational policy, those in education management and leaders in both schooling and tertiary education. It will have a wider resonance among practitioners in the STEM disciplines, particularly at university level, and for those interested in contemporary public policy.
Download or read book OECD Economic Surveys Switzerland 2017 written by OECD and published by OECD Publishing. This book was released on 2017-11-14 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Switzerland continues to provide its citizens with a high standard of living. The economy has shown considerable resilience, most recently to the exchange rate appreciation in 2015. Nevertheless, growth has been too slow to absorb spare capacity or raise income per capita meaningfully.
Download or read book The Role of the Company in Generating Skills written by Philippe Méhaut and published by . This book was released on 1997 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report synthesizes the findings of a study of continuing training policy in nine countries of the European Community: Belgium, Denmark, France, Germany, Italy, the Netherlands, Portugal, Spain, and the United Kingdom. The following are among the topics discussed: the study's objectives and methods; characteristics of new forms of work and production organization (diversity of forms of work organization and production models; quantitative versus qualitative flexibility; reliability and adaptability of production; reliability of interorganizational networks; flexibility, adaptability, and training of operators); principles behind new forms of work organization (problem of the newness of know-how; main lines in organizational restructuring, links to the dynamics of know-how and skills; restructuring of know-how: the Tandem product/market or the "marketable product"? know-how or attitudes; distancing: necessary conditions for the training content of new organizations, trends and connecter-trends); the increase in training and shifts in training efforts; discrete knowledge and discrete training; explicit training (varied use of formalized continuing training, policy design and content validation, recognition, and certification); and new training practices, training policy, and employment and labor relations policies (links between forms of training in enterprises and initial and continuing training policies, consequences for employment and the labor market, reversibility and irreversibility of new forms of organization, actors and the social dialogue). The bibliography contains 143 references. (MN)
Download or read book The Dynamics of Asian Labour Markets written by John Benson and published by Routledge. This book was released on 2011-03-02 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia has undergone rapid economic transformation over the past two decades. Despite its constant economic growth, the 1997-98 Asian financial crisis and the resulting surge in unemployment highlighted the vulnerability of national systems that base development solely on economic growth. This book fills a major research gap by exploring the nature, dynamics and functioning of Asian labour markets in eight major Asian economies, including Japan, South Korea, Hong Kong, Singapore, China, Vietnam, India and Malaysia. It examines the type of labour markets that exist in Asia; how they have responded to globalisation; and how flexible they are to changing social and economic conditions. The book analyses how the current transformation has impacted on the key parties, such as employers, employees, trade unions, governments, organisations and society as a whole, and considers the likely future trends and developments in Asian labour markets.
