This article revisits the Mincer earnings function and presents comparable estimates of the average monetary returns associated with an additional year of education across different regions worldwide. In contrast to the traditional Ordinary Least Squares (OLS) method commonly employed in the literature, this study applied a cutting-edge approach…

The purpose of this study is to measure the impact of international scholarship programs for social justice -- a case study of the Ford Foundation International Fellowships Program (IFP), the first model of scholarships for social justice. The human capability approach advanced by Amartya Sen is selected to conceptualize the measurement of the…

National human resource development (NHRD) literature describes the importance of developing human resources at the national level and presents several models. These models are primarily concerned with the national contexts of developing and underdeveloped countries. In contrast, the NHRD models in the non-HRD literature focus primarily on…

Human capital and functionalist paradigms underpin the stance taken by most governments to education policy. These models have also had a profound effect upon the determination of education priorities in the poorest states and, indeed, upon aid policy. This paper argues, on the basis of evidence from the papers in this volume and from the wider…

This paper estimates the returns to education for adult male workers in regular and casual wage employment using Indian national survey data at three points in time spanning almost two decades. Both standard and augmented Mincerian wage equations are estimated using a set of human capital measures and other controls after addressing the issue of…

Investigates the relationships among schooling, experience, job status, and earnings in a large, private company in India. Results indicate that job status rises monotonically with experience and channels the transmission effects of schooling and experience onto earnings. Marginal productivity theory and the weak version of the screening…