Foreign born professionals, especially those educated in the U.S., have become increasingly important to U.S. labor markets. This paper assesses the general effect of the Eilberg Act (1976) and subsequent U.S. Department of Labor implementations on new seed professionals' potential immigration patterns. The act could diminish opportunities for…

Uses 1981 and 1991 census data to study the incidence and wage consequences of adequate schooling, overschooling, and underschooling in Hong Kong. Using the objective "mode" definition of adequate schooling, less than one-half of workers in the sample were adequately schooled; overeducated workers predominated. (Contains 20 references.)…

Provides a "deliberately provocative bird's-eye view" of new directions in thinking among economists concerned with education. Looks at the socialization function of schooling, the use of educational attainment as a hiring criterion, the importance of the "incomplete" employment contract, and labor market segmentation theory. Considers…