The Macroeconomics of Education

Ana Lamo, Peter Fredriksson, Julian Messina and Giovanni Peri
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Ana Lamo: DG Reseach - ECB

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Abstract: While Europe is certainly one of the richest and most educated areas of the world, some of the challenges faced by the old continent are staggering: low economic growth, structural difficulties in the labour market, and increasing international competition. Politicians and policymakers may advocate different means of overcoming the potential economic decline of Europe, but most agree that Europe needs to strengthen human capital, its ultimate competitive advantage in the world economy. This book looks at the accumulation of human capital from two perspectives, first through formal education and second through professional training. It provides a summary of the key characteristics of education and training in Europe and also asks key questions about the fundamental problems with the current educational and training systems. More importantly, the book goes on to discuss which policies are necessary to make existing education and training systems more efficient, while also making higher skills available to a wider range of people.

Date: 2007
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Published in Etienne Wasmer; Giorgio Brunello; Pietro Garibaldi; Etienne Wasmer. Education and Training in Europe, Oxford University Press, pp.1 - 171, 2007, 9780199210978

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Related works:
Working Paper: The Macroeconomics of Education (2005)
Working Paper: The Macroeconomics of Education (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03417764

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