Human Capital Over the Life Cycle

Human Capital Over the Life Cycle

A European Perspective

Edited by Catherine Sofer

Human Capital Over the Life Cycle synthesises comparative research on the processes of human capital formation in the areas of education and training in Europe, in relation to the labour market. The book proposes that one of the most important challenges faced by Europe today is to understand the link between education and training on the one hand and economic and social inequality on the other. The authors focus the analysis on three main aspects of the links between education and social inequality: educational inequality, differences in access to labour markets and differences in lifelong earnings and training.

Chapter 3: An economist's view of schooling systems*

Louis Lévy-Garboua, Nathalie Damoiselet, Gérard Lassibilleand and Lucia Navarro-Gomez

Subjects: economics and finance, economics of education, labour economics, education, economics of education


In the second half of the twentieth century, primary and secondary education became practically universal in most developed countries. OECD research (1998, 2001) has recently concluded that there is a clear tendency towards convergence in human capital stocks, at least for some basic indicators such as the percentage of the population completing secondary education.

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