Popis / Abstract:
Employability and skills has been an increasingly relevant topic in several fields such as political economy, labour economics and psychology. This paper builds upon established theories and explores the relationships between employability, formal education, early cognitive skills, and problem solving skills in technology-rich environments. We use data from OECD’s Programme for International Adults Assessment of Competences and through the application of structural equation models we explore direct and indirect effects of the key factors on employability in four different institutional settings: nordic welfare-state model of Sweden, post-communist Czech Republic, strongly corporatist South Korea and liberal United Kingdom. A novelty in our paper is the conceptualisation of employability as a share of a person’s working life she spent in paid work. Our findings show that while formal education is strongly related to employability in the Czech Republic and South Korea, it is rather problem solving skills that increase employability in the UK. In Sweden both of factors contribute to better employability.
Kľúčové slová / Keywords:
Problem solving, Employability, Varieties of Capitalism, Structural Equation Model
Ako citovať / How to Cite:
P.Baboš, L. Comincini. 2018. Employability in Different Education Regimes: A Trade-Off between Formal Education and Skills?. In Prognostické práce – Foresight, Analysis and Reccomendations / PP – FAR, vol. 10, no. 1-2, pp. 5-20. DOI: https://doi.org/10.31577/PPFAR.2018.10.001
P.Baboš, L. Comincini. (2018). Employability in Different Education Regimes: A Trade-Off between Formal Education and Skills?. In Prognostické práce – Foresight, Analysis and Reccomendations / PP – FAR, 10 (1 -2), 5-20. DOI: https://doi.org/10.31577/PPFAR.2018.10.001