The UK entered the deepest recession in history in 2020, following a decade of sluggish growth. Coronavirus restrictions led to a sharp rise in unemployment, vacancies plummeted, and millions were furloughed. The pandemic has also accelerated technological change, with increased digitalisation and firms discovering new ways to harness emerging…

This paper presents a comprehensive analysis of the link between age and proficiency in information-processing skills, based on information drawn from the Survey of Adult Skills (PIAAC). The data reveal significant age-related differences in proficiencies, strongly suggesting that proficiency tends to "naturally" decline with age. Age…

Several recent studies across the social sciences show that the spatial agglomeration of employment in a local labor market benefits both firms and workers in terms of better firm performance and higher wages. Drawing from the organizational ecology perspective, we argue that workers receive higher wages in large industrial clusters and urban…

This study investigates the economic outcomes of education for wage earners in Pakistan. This is done by analysing the relationship between schooling, cognitive skills and ability, on the one hand, and economic activity, occupation, sectoral choice and earnings, on the other. In Pakistan, an important question remains largely unaddressed: what…

Using a reduced form version of a theoretical expansion of Hoxby's (1996) education production model, we investigate whether bargaining teachers unions are a boon or a bust to the economy of the state. We anticipate teachers, being in the public sector veiled from competition, are less likely to be efficient. Yet, their product, education,…

Innovation is the key to productivity growth and prosperity. Most empirical cross-country analysis of the determinants of innovation focus mainly on developed countries. The objective of this study is to fill this gap in the research and analyze the determinants of innovation in transition countries of Eastern Europe and the Former Soviet Union.…

"Research messages 2011" is a collection of summaries of research projects published by National Centre for Vocational Education Research (NCVER) in 2011. The publication also has an overview essay that captures the themes and highlights from the research for the year, including: (1) the initial education and training of young people and…

This paper looks at what the value of a doctorate is, both to employers in particular and to society and the economy at large. Given the emphasis many universities and funding agencies/governments are putting upon the development of PhD programmes, this is an issue deserving attention. The paper tries to show how two separate but interrelated…

Innovation is the key to productivity growth and prosperity. Most empirical cross-country analysis of the determinants of innovation focus mainly on developed countries. The objective of this study is to fill this gap in the research and analyze the determinants of innovation in transition countries of Eastern Europe and the Former Soviet Union.…

This paper reviews the literature on job-related training and the effects of these investments for different groups of individuals. The paper also elaborates on the theories, empirical explanations, and policy implications that can be drawn from these findings. Employer-provided training is by far the most important source of further education and…

Findings from an evaluation of a workplace literacy program funded by the State of Indiana are presented. Working with employers, providers were given considerable latitude to design their own training regimens. The state awarded certificates to workers who achieved certain levels of proficiency in reading, math, critical thinking, problem solving…

Human capital--the productive capacity that is embedded in people--is one of the most important contributors to the growth in nations' output and standard of living. Globalisation and technological change have increased the importance of human capital in recent years, to the point that there are now only two options to sustain high profits and…

There is a strong and growing argument for higher educational attainment in the United States. The jobs that are expected to support the economy in the coming years will depend on a skilled workforce that is able to learn and adapt quickly to new challenges. However, demographic patterns demonstrate that relying on the traditional K-16 pipeline to…