TY - JOUR
T1 - A fast-forward look at tertiary education attainment in Europe 2020
AU - Dragomirescu-Gaina, Catalin-Florinel
AU - Elia, Leandro
AU - Weber, Anke
PY - 2015
Y1 - 2015
N2 - This paper strives to answer the question whether Europe will reach its tertiary education attainment target by 2020. We model the dynamics behind education decisions as a balance between investment and consumption motivations. We use a panel approach and a wide range of statistical tests to insure that model specifications are stable and robust. Insights into the dynamics of future education attainment and remaining policy challenges are highlighted. While Europe is likely to achieve its target, there is a growing divide between best and low performing countries that raises doubts with respect to real economic convergence prospects.
AB - This paper strives to answer the question whether Europe will reach its tertiary education attainment target by 2020. We model the dynamics behind education decisions as a balance between investment and consumption motivations. We use a panel approach and a wide range of statistical tests to insure that model specifications are stable and robust. Insights into the dynamics of future education attainment and remaining policy challenges are highlighted. While Europe is likely to achieve its target, there is a growing divide between best and low performing countries that raises doubts with respect to real economic convergence prospects.
KW - Human capital investment, Tertiary education, Panel data, Forecasting, Europe 2020 strategy
KW - Human capital investment, Tertiary education, Panel data, Forecasting, Europe 2020 strategy
UR - http://hdl.handle.net/10807/188706
U2 - 10.1016/j.jpolmod.2015.05.002
DO - 10.1016/j.jpolmod.2015.05.002
M3 - Article
SN - 0161-8938
VL - 37
SP - 804
EP - 819
JO - Journal of Policy Modeling
JF - Journal of Policy Modeling
ER -