Abstract
Human capital accumulation, education and training skills, is one of the main determinants of individuals’ earning capacity and employment prospects and therefore plays an important role in determining the level and distribution of income in society. Many countries seek to ensure that all young people enter working life with a minimum amount of human capital acquired during the years of compulsory education (Wende van der 2003). However, governments are also heavily involved in the financing and delivery of post-compulsory education and training where returns may to a larger extent accrue to the individual and where participation is by choice. An important motivation for individuals to invest in education is that the acquired knowledge and skills tend to raise their productivity and hence earnings potential. Education appears to provide not only an initial earnings advantage but also a wage premium that increases with time spent in the labour market. The strategic objectives for the European systems of education and training were grouped in three big categories that concern:
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Acknowledgment
The OECD research project entitled “Job Requirement Assessment” was co-funded in Greece by General Secretariat of Adult Education (currently, General Secretariat of Life Long Learning) and IDEKE, Greece. In this project, the participants were the General Secretariat of Adult Education (National Ministry of Education), National Statistical Services of Greece, National Ministry of Employment, National Centre of Public Administration, National Centre for Social Studies and Hellenic Open University.
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Korres, G.M., Tsamadias, C., Liargovas, P., Tsobanoglou, G.O., Kokkinou, A. (2013). A New Methodological Approach of Job Requirement Assessment. In: Carayannis, E., Korres, G. (eds) European Socio-Economic Integration. Innovation, Technology, and Knowledge Management, vol 28. Springer, Boston, MA. https://doi.org/10.1007/978-1-4614-5254-6_13
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