Education and the adjustment of the Albanian labour market after 1990
Arsena Gjipali
Broschiertes Buch

Education and the adjustment of the Albanian labour market after 1990

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Despite the future benefits from investment in education predicted by theory, Albanian participation rates in upper secondary schooling have fallen since 1990. This reduction in post- compulsory schooling seems to be unique amongst Central and East European countries. The theoretical framework developed in this thesis suggests this is the consequence of a high unemployment/low skill/bad job equilibrium. We argue that a major cause of this situation is the large agricultural sector in the Albanian economy. Wage returns to post-compulsory secondary education are low or not significantly differen...