I23 - Higher Education; Research InstitutionsReturn

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Education and Employment: Evidence from Selected OECD Countries

Müzeyyen Merve Şerifoğlu

Prague Economic Papers 2023, 32(5):569-588 | DOI: 10.18267/j.pep.839

The objective of the paper is to investigate the relationship between education and employment level in 27 member countries of OECD over the period 1998-2019. To achieve this, the paper first analyses the effect of the number of graduates from upper secondary, post-secondary and tertiary education programmes. Additionally, the paper constructs an education index which covers graduates from upper secondary, post-secondary and tertiary education programmes. After calculating distribution of graduates using the standard deviation method, the paper employs two-step system GMM developed by Arellano and Bover (1995) and Blundell and Bond (1998). The findings show that graduates from upper secondary, post-secondary and tertiary education, as well as the distribution of graduates, have a positive effect on employment, respectively. It is expected that policymakers consider the effect of graduates from different education levels on employment to design substantial education and employment strategies.

Practical Training and Its Impact on Employability Post-Graduation

Markéta Šnýdrová, Lucie Vnoučková, Ivana Šnýdrová

Prague Economic Papers 2020, 29(1):67-84 | DOI: 10.18267/j.pep.723

This paper is a case study on the influence of students working during their studies and its impacts on their employability after graduation. Data for this research were collected at a private business university in Prague, the Czech Republic. The aim of the paper is to identify approaches of business university graduates to employment during their study and to evaluate the role of students' employment in their future career. A partial aim is to evaluate relations between student employment and future job position. The data were obtained through primary research: a questionnaire survey, two in-depth interviews and four focus groups. The results show that practical training during studies does affect applicability of study results, but graduates are not promoted immediately after their university graduation regardless of their gender. The only disadvantages mentioned re- garded demands on time. In the qualitative research, graduates most often reported de-mands on family support, time, problem coping and necessity of such behaviour.

Higher Education and Economic Growth. A Comparison between Czech Republic and Romania

Bogdan Oancea, Richard Pospíšil, Raluca Mariana Drăgoescu

Prague Economic Papers 2017, 26(4):467-486 | DOI: 10.18267/j.pep.622

Although there is a strong theoretical framework for the economic growth and its relationship with education, the empirical evidence of this relationship is rather scarce. In this paper we investigated the causality and the long-run relationship between economic growth and higher education in the Czech Republic and Romania, using data series for 1980-2013 period. We used a VECM to analyse the long-run relationship between higher education and economic growth and Granger methodology to test the causality between variables. The results showed that higher education has an important positive effect on economic growth, although the impact level of the higher education on economic growth is different in the two countries. We also showed that there is a causality relationship that goes from higher education to economic growth for both countries.

Publication Activity of New Slovak Professors In Economics and its International Reception

Juraj Barta, Michal Považan

Prague Economic Papers 2012, 21(3):377-387 | DOI: 10.18267/j.pep.430

The paper deals with quality of economic research in Slovakia, which is strongly connected with quality of economic education at Slovak universities. Quality of economic research is described by publication activity of Slovak professors of economics, who are usually the leaders in number of publications and citations and used to be internationally recognised. The paper does not seek for possible roots or explanations of the situation. It only tries to describe the status quo and provide useful data and comparisons.