In education, there is ample evidence that some schools far outperform others at raising student achievement even when accounting for differences in the students they serve and the resources at their disposal. Differences in the human capital stock of teachers across schools cannot fully account for the differential productivity across schools. In…

This paper argues that under the influence of neoliberalism the role of schooling has been narrowly redefined as helping students to gain the knowledge and skills to "get a job". Drawing on the recent policy pronouncements of the new Rudd Labor Government in Australia, the paper examines how the advocates of human capital theory have…

In this era of global competition, human resources will play a decisive role in the battle for efficiency and competitive advantage, where nations and organisations with superior and quality-oriented human capital will soon outperform those with inefficient and quantity-oriented labour force. Rate of human capital formation will be more important…

If productivity and earnings are not found to result from education, then an alternative theory could be that employers use education as a screening device to select employees. Employing the decomposition technique to compare income for self-employed and private sector employees, evidence is presented that rejects the screenist theory. (Author/MD)

Educational reform depends more on clearly defined missions and operational efficiency than on improved teacher quality. This article defines adequacy, equality, equity, and efficiency; examines numerous production function studies of teacher characteristics and policy and administrative structures; and summarizes seven policy implications.…

This paper on the social gains from female education is part of a series, prepared by the World Bank, on the benefits of improving opportunities for women. The paper suggests that expanding women's opportunities enhances their productivity and earning potential and thus contributes to better economic performance and poverty alleviation. Education…

If competitiors of the United States are making superior products and distributing them more effectively throughout the world, it may be because they are educating workers and managers in ways that create superior skills and discipline. Some U.S. educators agree with businessmen who point to Japan as a model that the United States should strive to…

Demographic trends, technological change, and increased international competition are creating shortages of skilled workers and an excess of unskilled workers. In response to this growing crisis, the Commission on Workforce Quality and Labor Market Efficiency made 44 recommendations for a substantial, ongoing national commitment to investment in…

This book provides an introduction to earnings capacity (EC), a measurement of human capital, and its application to a research study of potential earned annual income over a 25-year period. Focus is on qualitative aspects of EC such as race, age, gender and education and its utilization. Chapter 1 is an introduction. Chapter 2 reviews existing…

Recent international discussions provide information on various countries' responses to lifelong learning, including the following: (1) existing unmet needs and emerging needs for education and training; (2) funds required compared with what was provided; and (3) methods for acquiring additional funds, among them efficiency measures leading to…