Existing research generally confirms a countercyclical education enrollment, whereby youths seek shelter in the educational system to avoid hardships in the labor market: the "discouraged worker" thesis. Alternatively, the "encouraged worker" thesis predicts that economic downturns steer individuals away from education because…

"Education at a Glance: OECD Indicators" is the authoritative source for information on the state of education around the world. It provides data on the structure, finances and performance of education systems in the 35 OECD and a number of partner countries. With more than 100 charts and tables, Education at a Glance 2018 imparts key…

In the course of educational expansion, gender differences in access to higher education have decreased substantially in many European countries. In Germany women are currently over-represented in upper secondary education and more frequently attain a general qualification for university entrance. Despite those advantages, women still enrol in…

This article addresses the question of why fields of study differ in early labour market returns. It is argued that the higher the potential training costs of a field of study the more problematic the labour market integration of graduates. This is due to the fact that employers use the occupational specificity and selectivity of a study programme…