Models the interaction between human capital supply and demand with a production block and a labor supply block explored empirically for the Netherlands on a time-series basis. Simulates economic development, assuming a 20-year international business cycle. Shows government stabilization policy as effective in maximizing long-range growth.…

Using data from the National Longitudinal Survey of Young Men, this paper reveals that earnings below expectations induce a return to school. Appended are 12 references. (MLF)

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)

Maximizing allocations of all human capital investments (in children's schooling, health, nutrition, and general development) may hinder the identification of education's actual effects. Relative price variations across individuals are difficult to measure even if nonschooling investments are observed. Therefore, schooling's impact is usually…

Describes and develops a methodology for estimating workers'"potential earnings," a previously unobservable element required to solve human capital equations that are designed to permit analysis of the return, measured in earning power, on investments in on-the-job training. (PGD)

This paper considers the relation of education and of scientific and technical knowledge developed through research and development to labor productivity growth within the medium term. The empirical significance of sources of productivity growth is tested using data for the United States and 14 other nations. (Author/MLF)

Examines the effects of tuition level and financial aid on graduate enrollments and the pool of scholars with advanced terminal degrees. Within an alternative statistical framework defining educational demand as more than first-year enrollments, tuition and financial aid effects can be examined at each stage of the choice process. Includes one…

Discusses the overall efficiency of investment in primary and secondary education and technology transfer via investment both in physical capital and higher education in 30 of the poorest African countries. A high (21.2 percent) rate of return to investment in primary and secondary education was found. Includes six tables and 20 references. (MLH)

Examines the influence of child-related reductions in past hours worked on current wage rate of married women with children. The study reveals that differences in "intensity" of prior work experience account for half of the sex-related wage gap. (TE)

The view of the British government toward higher education has been subject to changing perspectives with the role of economic analysis becoming more significant. Government policy implications for higher education resource allocation can be rationalized in terms of the human capital approach and the problems of managing a bureau. (Author/MLF)

The impact of school quality on students is most evident in less developed nations where it affects students' cognitive and behavioral outcomes. The study concludes that improvement in the quality of schooling would be more beneficial than expanded access to poorer quality education in less developed nations. (MD)