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We investigate expected college completion time of European students in 10 countries. We explain observed excess time to graduation by paying special attention to labor market variables, such as unemployment, wage differentials, employment protection, and the funding of tertiary education.
In this paper, we investigate the effect of expectations of future sales on employment adjustment. We find that UK manufacturing firms' sales expectations have a statistically significant effect on their employment behaviour, leading to employment being more sluggish to respond when firms expect sales to rise.
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