Businesses face growing instability due to disruptive innovative technologies and economic crises arising from stressed supply chains or rising price uncertainty. An ambidextrous approach to resilience helps companies to prepare for and manage this uncertainty to become steadfast against crises. However, resilience can be achieved on multiple…

Using randomized control trials (RCTs) applied over time in different countries, we study how the economic environment affects how agents learn from new information. We show that as inflation has recently risen in advanced economies, both households and firms have become more attentive and informed about inflation, leading them to respond less to…

Although considerable discussion has been devoted to the macro determinants of labor market variables across genders, comparatively little attention has been given to the contribution of the informal economy to this market. This study was aimed at empirically investigating the impact of the size of the shadow or informal economy (IE) on labor…

Universities face an uncertain funding environment and turbulent marketplace. Financial scenario modelling offers a potential mechanism to assist in navigating a way forward. Our previous paper on UK universities' practice found some variation in the sophistication of the approaches taken, but the overall impression was of a relatively simple…

As more adults with intellectual and developmental disabilities move into inclusive settings in the community, it is essential to address budgeting and finance issues to avoid real concerns of financial exploitation. Adults with intellectual and developmental disability often comprise the "working poor", even if they are among the 20%…

Recessions may disproportionally affect school districts, especially with established fiscal institutions and policies including balanced budget requirements, tax and expenditure limitations, and school finance reforms. Analyzing the Great Recession and school districts in the United States between 2003 and 2016, we estimated…

With the rise of authoritarian politics across the globe, echoes of a fascist past are with us once again signaling a looming and dangerous threat to education and democracy. This essay argues that is it crucial to engage fascism both as a language of white supremacy and a politics of disconnection. If fascism is to be addressed both politically…

The digital economy, which boasts general technology, intense penetration, platform ecology, and low marginal cost, is a product of advanced digital technology. This new engine has become a driving force for high-quality economic development. From the three aspects of development momentum, efficiency, and structure, this paper profoundly explores…

In the aftermath of the financial and economic recession of 2008, 130 Spanish students of five age groups (8 to 17 years) and two socioeconomic backgrounds were individually interviewed about unemployment and lower wages. The participants were presented with two hypothetical situations, and their responses were qualitatively and quantitatively…

Over several decades, a greater share of the expense of earning a college degree has shifted to students and their families as appropriations to public institutions of higher education have declined as a percentage of the overall cost to educate a student. Tuition has greatly outpaced inflation during this period, while inflation-adjusted…

We analyze the 2007 European financial crisis' impact on the demand for new language skills. The crisis affected German-speaking regions less. Learning German became relatively more attractive for migration and trade. We construct a sub-national database for German as a foreign language exam (TestDaF) participation rates between 2001-2013 and…

This study seeks to investigate the association between distinct tracks of secondary education--namely, vocational school (Sekolah Menengah Kejuruan, SMK) and general school (Sekolah Menengah Atas, SMA)--and two key labor market outcomes: the duration required for graduates to attain their initial employment and their resilience in the face of…

Graduate education is among the fastest growing segments of the U.S. higher educational system. This paper estimates the returns to Master's degrees and examines heterogeneity in the returns by field area, student demographics and initial labor market conditions. We use rich administrative data from Ohio and an individual fixed effects model that…

Internationalization of higher education (IHE) has become one of the most prominent strategies in national policies and universities' agendas during the past three decades. IHE provides numerous benefits to nations, institutions, and higher education stakeholders and plays a vital role in improving the quality of education and research. However,…

Inflation is projected to be much higher than expected at the time of the 2021 Spending Review. This could wipe out up to £850 million of the value of skills funding in England over the next three years, leading to either fewer adults accessing learning or risks to the quality of learning. This Briefing Note addresses what the 2021 Spending Review…