EENEE is proud to announce the latest analytical report (No.43) on Human Capital During Recessions by Giorgio Brunello and Marco Bertoni.
In this report, the authors investigate the cyclicality of skill accumulation in Europe, using data from the European Labour Force Survey (ELFS) for 2005-18. Pooling data across all EU-27 countries, and across employed and not employed workers, the authors estimate that adult learning – which comprises both formal education and training – is acyclical and that training is mildly countercyclical. The report demonstrates that there is substantial heterogeneity in the cyclicality of adult learning and training both across European countries and by employment status.
Access the full report here.