What is the impact of the minimum wage on the college wage premium? I show that job-ladder models imply that the effect should be small on impact--raising only the wages of workers bound by the minimum wage--and grow over time as workers slowly move up the job ladder. Guided by my theory, I present evidence that these dynamic effects are present…

This report examined: (1) Supply and demand for labor in Houston and Texas, including an examination of the Texas Higher Education Coordinating Board's (THECB) "60×30TX" strategic plan; (2) In-demand occupations and skills in the Houston area; and (3) Early career wages and unemployment receipt among high school graduates from the…

Part 3 of the Houston Longitudinal Study on the Transition to College and Work (HLS) examined: (1) Supply and demand for labor in the Houston area and Texas, including an examination of the Texas Higher Education Coordinating Board's (THECB) "60×30TX" strategic plan; (2) In-demand occupations and skills in the Houston area; and (3) Early…

This report looks into the incidence of skills mismatches in the Republic of Serbia (hereafter referred to as Serbia). In 2017, the European Training Foundation (ETF) initiated a skills mismatch measurement project in the ETF partner countries with two objectives: (1) to identify regular data sources; and (2) to develop and test a series of…

This document is the appendices for "Transitioning to College and Work Part III: Labor Market Analysis in Houston and Texas." The report examined: (1) Supply and demand for labor in the Houston area and Texas, including an examination of the Texas Higher Education Coordinating Board's (THECB) "60×30TX" strategic plan; (2)…

The report looks into the incidence of skills mismatches in the Republic of Moldova (hereafter referred to as Moldova). In 2017, the European Training Foundation (ETF) initiated a mismatch measurement project in selected ETF partner countries with a view to showcasing gaps and shortages in skills utilisation on the labour market including aspects…

This report looks into the incidence of skills mismatches in the Republic of North Macedonia (hereinafter referred to as North Macedonia). In 2017, the European Training Foundation (ETF) initiated a skills mismatch measurement project in the ETF partner countries with two objectives: (1) to identify regular data sources; and (2) to develop and…

In 2017, the European Training Foundation (ETF) began a project on skills mismatch measurement in ETF partner countries. The project objectives were to identify regular data sources, and develop and test indicators that can capture various angles and implications of skills mismatch. In the first phase of the pilot project, four partner countries…

Recent evidence indicates substantial heterogeneity in the returns to skills across countries, but only a few studies have explained the varying patterns in the return to skills. Using the 2013 STEP data for Ghana and Kenya, we estimate the causal effect of cognitive and noncognitive skills on a large set of labour market outcomes by controlling…

This report focuses on a critical concern for the European Training Foundation's (ETF's) partner countries and other countries of the around the world. Skills mismatch is recognised as a major challenge by policy makers, practitioners and social partners, as it is often associated with dynamic social and economic contexts such as restructuring…

The European labour market is challenged by changes in the demographic composition of the labour force and increasing work complexities and processes. Skills forecasting makes useful contribution to decisions by policy-makers, experts and individuals. In this publication, Cedefop presents the latest results of skills supply and demand forecasts.…

Post-baccalaureate education has emerged as one of the fastest growing segments of higher education. Over the past decade, master's degree enrollment in the U.S. has grown 35%--and the share of adults that hold a master's degree has gone from less than 7% to nearly 9% of the population. Keeping the supply and demand dynamics of basic economic…

We find statistically significant relationships between changes in wages by occupation and subsequent changes in college majors completed in associated fields. College majors (defined at a detailed level) are most strongly related to wages observed three years earlier, when students were college freshmen. The responses to wages vary depending on…

In recent years concerns about inequality have been growing in prominence within UK policy debates. The many causes of inequality of earnings and income are complex in their interactions and their tendency to reinforce one another. This makes inequality an intractable or "wicked" policy problem, particularly within a contemporary context…

In the past four decades, profound changes in the U.S. economy--including falling wages, widening inequality, and the polarization of jobs at the top and bottom of the education and wage distributions--have had dramatic implications for the labor-market fortunes of young adults. Only about half of young people ages 16 to 24 held jobs in 2014, and…