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Expert Network on Economics and Sociology of Education and Training (ENESET)
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Human capital during recessions

This report investigates the cyclicality of skill accumulation in Europe, using data from the European Labour Force Survey (ELFS) for 2005-2018.

Details

Identification
ISBN: 978-92-76-21388-8, DOI: 10.2766/144475, Catalogue number: NC-01-20-524-EN-N
Publication date
24 March 2021
Authors
Directorate-General for Education, Youth, Sport and Culture | European Expert Network on Economics of Education (EENEE)
Geographical scope
  • European Union

Description

This report investigates the cyclicality of skill accumulation in Europe, using data from the European Labour Force Survey (ELFS) for 2005-2018.

Pooling data across all EU-27 countries, and across employed and not employed workers, we estimate that adult learning – which comprises both formal education and training – is acyclical and that training is mildly countercyclical. 

We show that there is substantial heterogeneity in the cyclicality of adult learning and training both across European countries and by employment status.

Authors

Giorgio Brunello and Marco Bertoni

Cite as

European Commission: Directorate-General for Education, Youth, Sport and Culture, European Expert Network on Economics of Education (EENEE), Brunello, G. and Bertoni, M., Human capital during recessions, Publications Office, 2021, https://data.europa.eu/doi/10.2766/144475

Files

  • 24 MARCH 2021
Human capital during recessions - Analytical report
  • 24 MARCH 2021
Human capital during recessions - Executive summary
  • 24 MARCH 2021
Human capital during recessions - Policy brief