Towards a benchmark on the contribution of education and training to employability: methodological note

Garrouste, Christelle (2011): Towards a benchmark on the contribution of education and training to employability: methodological note. Published in: JRC Scientific and Technical Reports , Vol. EUR 24, No. 2011 (September 2011): pp. 1-86.

Abstract

The present report presents the methodological framework applied to define the benchmark on education for employability to be proposed to European Council in 2012. While the three first sections present the proposed indicator, the fourth section discusses the sensitivity of that indicator to a change in data source and its correlation with counterfactuals. Moreover, section 5 presents the forecasting approach applied to define the target level at the horizon 2020. Section 6 presents the results of the deterministic and stochastic forecasting models and section 7 concludes.

• Item Type: MPRA Paper
• Language: English
• Keywords: European Benchmark, Employability, Graduates, Forecasting, Simulations
• Subjects: A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics > A22 - Undergraduate; A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics > A23 - Graduate; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E27 - Forecasting and Simulation: Models and Applications; I - Health, Education, and Welfare > I2 - Education and Research Institutions > I20 - General; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J21 - Labor Force and Employment, Size, and Structure; C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C15 - Statistical Simulation Methods: General; A - General Economics and Teaching > A2 - Economic Education and Teaching of Economics > A21 - Pre-college

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