The general-equilibrium effects of performance-related teacher pay include long-term incentive and teacher-sorting mechanisms that usually elude experimental studies but are captured in cross-country comparisons. Combining country-level performance-pay measures with rich PISA-2003 international achievement microdata, this paper estimates…

This paper examines the effects of expansions in higher educational institutions and the medical service industry on the economic development of a metropolitan area. This examination pulls together previous research and provides some new empirical evidence. We provide quantitative evidence of the magnitude of economic effects of higher education…

The enactment of a compensation model that rewards educators' efficiency and creativity is a goal for the current decade. Both inflationary trends and the accountability movement act as motivators for the introduction of a merit pay scale. Current compensation models guarantee income regardless of effort. Through this failure to reward…

This study examined the status and conditions of salaries, tenure, rank attainment, and productivity of men and women college faculty and faculty of each of five racial groups. It is based on a subset of data on 8,114 faculty members drawn from the 1992-93 National Study of Postsecondary Faculty. The results, based on descriptive and multivariate…

This document, a review of labor market effects of human capital, focuses on two related topics. Part I describes the following early findings of the research on effects of education and job training on the wage structure, labor turnover, and unemployment: decline of training with experience, positive and significant effects of training on length…

A study compared different firms' methods of recognizing and rewarding employee performance and examined the impact of such recognition and reward on such factors as involuntary and voluntary labor turnover and worker productivity. Data from a survey of 3,412 employers that was sponsored by the National Institute of Education and the National…

A futurist presents a picture of "cautious optimism" for the decade ahead in terms of resources--natural, technological, economic, organizational/political, human, labor and wages, and education and job skills. Our biggest problem, he says, is divisiveness, and education can help by preparing citizens to contribute to society through work. (MF)

These four papers are from a symposium on evaluating the impact of human resource development (HRD). "Pre-Job Training and the Earnings of High-Tech Employees in Taiwan" (Tung-Chun Huang) reports on a study that concludes that public training programs have no impact on participants' earnings in later jobs, but participation in private…

Attempts to explain sex-related wage differentials generally rely on the human capital and segmentation labor market theories. The human capital theory explains individuals' position in the labor market primarily in terms of factors determining their productivity, whereas segmentation theory focuses on differences among jobs as determinants of the…