A fast-forward look at tertiary education attainment in Europe 2020

Catalin Dragomirescu-Gaina, Leandro Elia and Anke Weber

Journal of Policy Modeling, 2015, vol. 37, issue 5, 804-819

Abstract: 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.

Keywords: Human capital investment; Tertiary education; Panel data; Forecasting; Europe 2020 strategy (search for similar items in EconPapers)
JEL-codes: C23 C52 C53 J24 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0161893815000605
Full text for ScienceDirect subscribers only

Related works:
Working Paper: A fast-forward look at tertiary education attainment in Europe 2020 (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:37:y:2015:i:5:p:804-819

DOI: 10.1016/j.jpolmod.2015.05.002

Access Statistics for this article

Journal of Policy Modeling is currently edited by A. M. Costa

More articles in Journal of Policy Modeling from Elsevier
Bibliographic data for series maintained by Catherine Liu ().