Human Capital over the Life Cycle : A European Perspective

This book makes a novel contribution to economics of education in several key respects. It highlights a broad number of crucial factors over the individual's life cycle that underlie inequalities in education and in the labour market... It is amazing how limited our knowledge is about these interactions despite their high priority in national as well as EU-level policy-making. This is a timely book concerned with topics of high policy relevance. Moreover, the authors have well succeeded in their attempt to write "in a style that makes this work accessible to a wider audience", using the editor's words. It is most important that academics as well as politicians are made aware of the considerable knowledge gaps that still prevail in our understanding of the role of education and training for the individual's success or failure in school and in working life