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Peer reviewedBorghans, Lex; And Others – Economics of Education Review, 1996
Investigates whether students of Dutch junior secondary technical schools anticipate future labor market situations. Introduces two extreme models: the cobweb and rational-expectations models. Uses estimation results to measure the information availability problem. Indicates large mismatches, due to unanticipated labor market changes. Suggests the…
Descriptors: Foreign Countries, Information Dissemination, Labor Market, Models
