This research is based on the uniqueness of the national tests scores in Colombia where the same students take a standardized test both at the end of high school and at the end of college. We use then the information of the labor market to identify the return to college education once the graduates find a job. The findings suggest that there is…

Results from two studies provided strong evidence for the validity of the HiSET® tests, thereby demonstrating that HiSET is a well-developed battery of tests with passing and college and career readiness (CCR) standards that, when met, provide a pathway to postsecondary education, better employment opportunities and wages, and a better quality of…

According to a prominent hypothesis, the occurrence of educational mismatches is consistent with human capital theory since over- and undereducation are substitutes for heterogeneity in the abilities and skills among educational peers. Using German data[superscript 1] of literacy and numeracy test scores, I find evidence that compared to their…

Whether improved local economic conditions lead to better student outcomes is theoretically ambiguous and will depend on how schools use additional revenues and how students and teachers respond to rising private sector wages. The Texas boom in shale oil and gas drilling, with its large and localized effects on wages and the tax base, provides a…

This article assesses the chances of entering the top 5% of earners for a British cohort currently in their 40s. We assess the difference made by a university degree from an elite (Russell Group) or non-elite university, and from different undergraduate fields of study. Our study uses rich longitudinal data from the 1970 British Cohort Study…

This paper quantifies the extent to which unified teacher pay scales and differential alternatives produce opportunity costs that are asymmetric in math and verbal skills. Data from the Baccalaureate and Beyond 1997 and 2003 follow-ups are used to estimate a fully parametric, selection-corrected wage equation for nonteachers, which is then used to…

The authors' purpose was to investigate the predictive value of faculty salaries on outgoing salaries of master of business administration (MBA) students when controlling for other student and program variables. Data were collected on 976 MBA programs using Barron's "Guide to Graduate Business Schools" over the years 1988-2005 and the…

This paper examines the characteristics of students admitted to Russian universities with different levels of selectivity. First, we argue that students differ not only by the results of the Unified State Exam (USE), the university entrance exam, but by family and school characteristics, and by educational strategies. Next, it is shown that the…

We examine the importance of adult functional literacy skills for individuals using a quantile regression methodology. The inclusion of the direct measure of basic skills reduces the return to schooling by 27%, equivalent to two additional years of schooling, while a one standard deviation increase in the score increases earnings by 20%. For those…

This study assessed whether previous findings linking early maternal employment to lower cognitive and behavioral skills among children generalized to modern families. Using a representative sample of children born in the United States in 2001 (N = 10,100), ordinary least squares regression models weighted with propensity scores assessed links…

High-quality child care has been shown to improve the academic success and life adjustments of children living in poverty. During the past decade, many American states have adopted voluntary Quality Rating and Improvement (QRI) systems in an attempt to increase the level of quality in child care. Using data compiled by the National Association of…

This paper examines the effect of teacher relative wages and teacher wage dispersion on high school graduates' preferences for teaching majors in College. This approximation to teacher quality is appropriate in a country like Venezuela as opposed to the US since the rigidity of the tertiary school system significantly limits mobility between…

To identify the most important competencies for college graduates to succeed in the 21st century workforce, we conducted an analysis of the Occupational Information Network (O*NET) database. O*NET is a large job analysis operated and maintained by the U.S. Department of Labor. We specifically analyzed ratings of the importance of abilities (52…

This article addresses the design and application of cost adjustments in state school finance policies intended to compensate local public school districts for differences in the costs of recruiting and retaining teachers. Broadly speaking, the state policy objective for including cost adjustments to state aid for such things as teacher cost…

Recent economic research has investigated the extent to which involvement in school-sponsored clubs and sports constitutes human capital investment. Through instrumental variables, the existing literature focuses on identifying long-term impacts in terms of educational attainment and wages. Instead, I use a fixed effects strategy to test whether…