A meta-analysis of studies on overeducation and undereducation in the labor market reveals that of the four different definitions of overeducation distinguished in the literature, only the one based on variation in years of education within occupational groups appears to yield significantly lower-than-average rates of overeducation. (Contains 4…

We report the results of an experiment designed to elicit students' subjective beliefs about the economic returns to college education. An important feature of our experimental design is the inclusion of financial incentives for accurate reporting. We also consider the extent to which individuals' beliefs about their own returns differ from their…

Education, experience, and district environmental variables are significant determinants of the salaries of educators who became public school principals or vice principals in Oregon after 1971-72. No significant differences exist between men and women in the determination of salaries in this group of administrators. (PGD)

Presents a taxonomy of research areas in educational economics and outlines key topics deserving more research attention. Emphasizes documenting the unit cost of education at different schooling levels and curriculum types, along with learning and earning schooling outcomes. Topics needing further research include the screening hypothesis,…

Using the unified salary schedule for secondary school teachers results in adverse market selection for teachers. This study compares alternative (nonteaching) salaries for math and English teachers with teaching salaries and examines these salary structures' effects on learning outcomes. Higher nonteaching salaries for teachers of any subject…

Analyzes econometrically the relationship between individual school characteristics and earnings of students entering the labor force directly from high school, using High School and Beyond data. One category of characteristics, school-to-work interventions, is a predictor. Access to labor-market information and substantial work-for-pay experience…

"Women at Work," a collection of 15 essays, contributes to our understanding of women's working lives and presents a useful opportunity to view British evidence in this field. Although women's absolute lifetime earnings will always be lower than men's, educated women may enjoy a greater advantage than men and face less market…

Public school teachers earn more money, and possess more of the characteristics valued in the teaching market, than do private school teachers. Organizational and ownership structure of schools appears to make a difference in teacher salaries. Profit-making schools are among the lowest paying, second only to parochial schools. (Author/MD)

Findings from a Swedish longitudinal study of 834 men indicate that acquired level of youth education functions as a socioeconomic stratifier through its effects on occupational status and earnings at the age of 30, 35, 43, and 52. Adult education appears to reinforce the effects of youth education on occupational status from age 35 to 52.…

Presents an empirical study on misemployment (the underutilization of worker's skills acquired through vocational education) in Hong Kong. Analyzes earnings functions of graduates from various educational fields and for workers employed in various fields. Misemployed graduates received lower earnings than their colleagues working in matched work…

Examines earnings differentials between male and female teachers, using data from the 1987 Schools and Staffing Survey by the U.S. Department of Education. The estimated cost of being a female teacher is 5% in annual contract salary. In the female-dominated teaching profession, despite regulated pay scales and other structures to ensure pay…

Using data from three longitudinal surveys of American high school students, shows that vocational courses helped noncollege-bound students start their work life more successfully. Short- and medium-term payoffs to vocational courses rose substantially between 1972 and 1980 and remained high in 1992. Job-specific skills are valuable. (26…

Uses National Longitudinal Survey of Youth data to examine whether measures of male teenagers' skills (academic, reasoning, and self-esteem) predict their wages at ages 27 and 28. All three skill types help predict subsequent wages, but have differing importance in explaining white/minority wage gaps. (Contains 37 references.) (MLH)

Measures effects of nonformal training on Peruvian workers' employment and earnings. Workers with limited educational attainment face limited training opportunities. Training significantly improves employment probabilities, but not earnings, of private-sector employed or self-employed women. Training significantly affects male private-sector…

Advanced industrial economies face a work crisis in creating wage employment in a changing job market without greatly increased job inequality. There is a fundamental conflict between a deregulatory labor-market philosophy and policies intending to use educational expansion to increase employment with higher productivity and wages. Education and…