9 To understand the growth-at-risk framework, which is somewhat technical, one needs to imagine the distribution of growth of gross domestic product (GDP) at some time in the future. Using historical data, we estimate how this distribution shifts in response to Danielsson, Valenzuela and Zer (2018) provide cross-country evidence that prolonged periods of low volatility increase the incidence of banking crises.
It helped too that already third level education had become so widespread. For me, third level education at its best conveys much more than specific discipline-related skills. It enables the consolidation of generalised job-market relevant capabilities and understanding. These are what, perhaps unknowingly, you have to offer to the economy today.