The Effect of the Level of Education on Employment: Evidence from Western Balkans

Abstract

The aim of this piece of research is to investigate the effect of the level of education on employment in the six Western Balkan Countries (Albania, Bosnia and Herzegovina, Serbia, Kosovo, Montenegro, and North Macedonia) by analysing the data as cumulative for the six Western Balkan countries. In terms of methodology, the study uses the Probit and Logit regression as well as the marginal effects by using the data from the Balkan Public Barometer 2021 for the six Western Balkans countries. The results show that persons with higher levels of education are more likely to be employed compared to persons with a lower level of education in the six Western Balkan countries. With regard to practical implications, the study provides a special contribution both academic and practical. It implies a good understanding of the effect of level of education on employment as well as provides useful information for individuals, the academic community as well as policymakers in charge of education and employment. In terms of value, this study is one of the few studies that have analysed the effect of level of education on employment in the six Western Balkan countries. The results of the study will be of value to the academic community as well as policymakers and other stakeholders.