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dc.contributor.authorLee, Yin Jieneng
dc.date.accessioned2011-09-01T08:54:46Z
dc.date.available2011-09-01T08:54:46Z
dc.date.issued2010-11-05eng
dc.date.submitted2010-11-05eng
dc.identifier.urihttp://hdl.handle.net/1956/4915
dc.description.abstractNorway's economy has gone through unprecedented growth in the past decade. The strong growth in GDP, employment, labor productivity, real wage, and labor immigration combines with increasing outflows from the labor force, such as early retirement scheme, sickness and disability, and old age retirement implies that Norway's labor market is tight. We hypothesize demographic changes and skilled and unskilled job composition affects tertiary education participation through wage premium and job opportunities. Motivation to pursue tertiary education is determined by perceived wage premium, expected foregone earnings, expected relative lifetime earnings, and ease of finding jobs. Among the four elements, expected foregone earnings have the most weight when individuals decide whether to pursue tertiary education or not. Thus, we propose policies to minimize individuals' expected foregone earnings, such as voluntary-base internship to tertiary students and online tertiary education for the mature students in age group 30-35. On the other hand, we propose the government to establish agencies in countries that have high skilled labor reserve with lower living stand than Norway. These agencies will disseminate information labor market and regulatory issues of Norway and to market the attractiveness of Norway as a migration destination. Lastly, we propose the government to further entice foreign students to come to the country. These students can be a potential skilled labor supply after they graduate.en_US
dc.format.extent3403343 byteseng
dc.format.mimetypeapplication/pdfeng
dc.language.isoengeng
dc.publisherThe University of Bergeneng
dc.subjectSkilled laboreng
dc.subjectLabor supplyeng
dc.subjectLabor demandeng
dc.subjectSkilled wage premiumeng
dc.subjectTertiary educationeng
dc.subjectLabor immigrationeng
dc.subjectSkilled labor shortageeng
dc.titleAn endogenous relationship between wages, job opportunity, and skilled labor shortage in Norwayeng
dc.typeMaster thesiseng
dc.type.degreeMasternob
dc.type.courseGEO-SD350eng
dc.subject.nsiVDP::Social science: 200eng
dc.subject.archivecodeMastergradeng
dc.subject.nus753907eng
dc.type.programMASV-SYSDYeng


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