Using data from the Program for the International Assessment of Adult Competencies, this paper compares the earnings premium and employment share of jobs in Science, Technology, Engineering and Mathematics (STEM) across 11 member countries of the Organisation for Economic Co-operation and Development. The results reveal that the STEM wage premium…

Using data from the Program for the International Assessment of Adult Competencies, this paper compares the earnings premium and employment share of jobs in Science, Technology, Engineering and Mathematics (STEM) across 11 member countries of the Organisation for Economic Co-operation and Development. The results reveal that the STEM wage premium…

The relationship between wage differentiation and long-term unemployment was examined in a study that considered data regarding long-term unemployment and minimum wages in the United States, Japan, and 10 member nations of the Organisation for Economic Cooperation and Development. Data regarding wages and unemployment in the 11 countries were…

Investigates the variables that determine distribution of education and redistribution of income through public education. Presents empirical evidence from Japan, which chose a high-quality, low-quantity public system. Calculates enrollment and tax shares by lifetime income distribution and compares previous findings for several state systems.…

Based on a survey, college/university faculty salaries, working conditions, workload, and salaries in 10 countries (Germany, France, United Kingdom, Italy, Austria, Switzerland, Canada, United States, Australia, Japan) are compared and barriers to occupational and geographic mobility are identified. Suggestions are made for fostering academic…

This bulletin examines the labor market experience of youth in the United States and eight other industrial countries from the early 1960s to the late 1970s. The analysis focuses upon unemployment, the most visible and measurable form of labor underutilization. The report highlights the size of the youth unemployment problem and discusses some of…

The literature on employment growth in the United States and selected industrialized countries and the wage, benefits, and job security characteristics of new and existing jobs were analyzed to determine how job growth and quality in the United States during the 1980s and 1990s compares to that in other industrialized countries. Among the study's…

In the classic employment contract, especially at large companies, wages were not strongly responsive to the labor market. Instead, individual companies had distinctive company wage levels and patterns. An exhaustive study of employers and employees in the United States and Japan examined whether the "old employment contract" has been…

Evidence from North American pay practices was used to examine the question of whether the "old employment contact," according to which employees promised to exchange hard work for job security, has truly been replaced by a "new employment contract" based more on market forces. The study analyzed data from the following…

Technology provides a new and effective tool for accelerating economic growth, and developing countries are embracing technology and education as the means toward attaining economic parity with the United States and other developed nations. Evidence suggests that this strategy is paying off. Developing countries are building a technology…