................................................................................................................................................... 1 LABOUR MARKET MISMATCH AND LABOUR PRODUCTIVITY: EVIDENCE FROM PIAAC DATA .............................................................................................................................................................. 4

This study evaluates the long-run effects of Finnish active labour market programmes in youth labour markets. The effectiveness of programmes is measured by a number of outcomes, including employment, unemployment, programme participation, education, being out-of-labour force and annual earnings. A nonparametric propensity score matching approach adapted for the case of multiple programmes is a...

This paper makes a thorough analysis of the return to tertiary education and education-occupation matching within the transition economy compared to a developed economy. We show through the example of the Russian Federation that the increase in the return to education which happened in previous years does not indicate that the labour market is becoming closer to that of developed countries. We ...

For transition economies labour market flexibility is necessary for successful restructuring and reallocation of labour force and for coping with the requirements of the European Monetary Union. In this paper we apply a novel approach to the issue of labour market flexibility in transition countries by studying the optimality and efficiency of labour usage among Estonian manufacturing enterpris...

Abstract Edna Bonacich’s split labour market states that socio-political factors generate differential outcomes for workers in a region, generally as the result of ethnic antagonism. This antagonism, Bonacich argues, does not require open violence or even verbal confrontation but can operate through exclusion movements and “caste” systems. In this paper, we use framework to analyse production M...

In this paper we examine the long term effects of socialization and segregation in schools, on labour market outcomes. We incorporate a model of “informational”peer influence by which beliefs of pupils are affected by exposure to other pupils’posterior beliefs. Specifically, we focus on the beliefs of private school graduates about the productivity of state school graduates. We incorporate this...