2023-09-28 14:46:10 +00:00
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abstract: 'Young people have to be provided with opportunities to access
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prosperous, resilient and fulfilling lives. Investing in education and
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skills is considered one of the most important ways to support young
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people''s well-being and to enable them to enjoy good career prospects.
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Using the framework of human capital theory, we explored the role of
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education among the factors explaining wage variation among Romanian
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youth. We built our analysis on micro-data for Romania from the EU
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Statistics on Income and Living Conditions 2020. In order to identify
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the most important factors influencing the wage distribution, we
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employed the elastic net regression approach. Moreover, we considered
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the phenomenon of expansion of education and ran the analysis by
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alternately using a traditional measure for education and a relative
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measure reflecting the theory of education as positional good. We ran
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the analysis for different cohorts of the population, focusing the
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discussion on the results for young people. Our findings confirm the
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importance of education for wage distribution together with other
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factors of influence, such as gender, degree of urbanization, region,
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sector of employment and working experience. Our conclusions are
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relevant for designing more effective educational and social policies to
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deal with various disadvantages faced by youth in Romania.'
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affiliation: 'Zamfir, AM (Corresponding Author), Natl Sci Res Inst Labour \& Social
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Protect, Dept Educ Training \& Labour Market, Bucharest 010643, Romania.
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Zamfir, Ana-Maria; Davidescu, Adriana AnaMaria; Mocanu, Cristina, Natl Sci Res Inst
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Labour \& Social Protect, Dept Educ Training \& Labour Market, Bucharest 010643,
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Romania.
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Davidescu, Adriana AnaMaria, Bucharest Univ Econ Studies, Dept Stat \& Econometr,
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Bucharest 010552, Romania.'
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article-number: '9394'
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author: Zamfir, Ana-Maria and Davidescu, Adriana AnaMaria and Mocanu, Cristina
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author-email: 'anazamfir2002@yahoo.com
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adriana.alexandru@csie.ase.ro
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mocanu@incsmps.ro'
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author_list:
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- family: Zamfir
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given: Ana-Maria
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- family: Davidescu
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given: Adriana AnaMaria
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- family: Mocanu
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given: Cristina
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da: '2023-09-28'
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doi: 10.3390/ijerph19159394
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eissn: 1660-4601
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files: []
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journal: INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH
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keywords: human capital theory; expansion of education; youth; earnings
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keywords-plus: REGULARIZATION; COUNTRIES; RETURNS
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language: English
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month: AUG
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number: '15'
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number-of-cited-references: '38'
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orcid-numbers: 'Davidescu, Adriana AnaMaria/0000-0002-9847-1200
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Mocanu, Cristina/0009-0000-4775-0798'
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papis_id: 38e4a63ed4772dd60b1a1b5c785519a5
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ref: Zamfir2022predictorseconomic
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researcherid-numbers: 'Zamfir, Ana/HTL-3142-2023
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'
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times-cited: '0'
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title: 'Predictors of Economic Outcomes among Romanian Youth: The Influence of Education-An
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Empirical Approach Based on Elastic Net Regression'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000840255600001
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usage-count-last-180-days: '0'
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usage-count-since-2013: '0'
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volume: '19'
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web-of-science-categories: Environmental Sciences; Public, Environmental \& Occupational
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Health
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year: '2022'
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