Globalization is putting increasing pressure on jobs in the United Kingdom, particularly among less skilled activities. The European response through the Lisbon Strategy has been diffuse, while UK policy appears much more focused, concentrating on the need to raise education and skill levels. The present paper examines the transition towards a…

This paper seeks to analyse the relationship between wages and education at a European level, using a quantile regression in order to be able to extend the study along the whole wage distribution. This analysis is carried out for a sample of 14 European countries (Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy,…

In the information age, an exchange with the media is part of the duties the economics profession has to deliver to educate the public. A key issue is the education of policymakers through the media. It is the silver bullet of policy advice in comparison to commissioned research and face-to-face advice provided to the politician. It also pleases…

Reports on a study of the differences in economics education between private and public schools. Finds that public school students are less likely to be exposed to economic concepts prior to high school economics courses than private school students. (CFR)

Maintains that economic research recently has been characterized by the development of increasingly sophisticated models of economics learning. Recommends that further application of the Survey on Economic Attitudes include factor analysis as an alternative approach to gain additional insights into affective economics learning. (CFR)

Asserts that many macroeconomics textbooks include arguments about national fiscal policy that may not be relevant nor accurate. Concludes that counter cyclical fiscal policy restricted to changes in income taxes and transfer payments are weak tools in efforts to pull a nation out of recession. (CFR)

Examines the case of bilateral monopoly in the context of joint profit-maximizing solutions. Asserts that, although bilateral monopoly is sometimes viewed as a theoretical model with few real-world applications, the elements of negotiations it contains form the basis for contracts between input sellers and input buyers. (CFR)

Analyzes the sex, race, and undergraduate background of new Ph.D.s in economics. Finds that more female economists come from liberal arts colleges, whereas racial minorities tend to receive their economics degrees from comprehensive universities. Urges targeting resources to produce more women and racial minority economists to serve as role…

Asserts that policymakers and the general public should be well informed about economic and social issues. Contends that a statistical system in a democracy has a heavy responsibility to ensure that the data represent fact, not opinion. Discusses changes made in the Consumer Price Index to prevent it from becoming politicized. (CFR)

Reports on a study of the economic literacy of 942 adults and compares the results with the economic literacy of high school students. Finds that high school students outscored the adults. Also finds that adult scores were related positively to both the level of education achieved and the completion of an economics course. (CFR)