Examines the effects of combined on-the-job and classroom training on the employability of Job Training Partnership Act terminees completing a two-year training activity in Missouri. Although combined program participants' employability was enhanced immediately after the program's termination, this advantage disappeared after one year. Benefits…

Uses data from the National Adult Literacy Survey to examine the relationship between schooling and earnings. Basic skills are partitioned between those acquired through schooling and those acquired elsewhere. Finds that, for the most part, it is the substance of learning in school--the accumulated human capital--that counts, not the credential.…

A comparison of the Israel labor market between 1974 and 1983 found that both higher wages and age-earnings profiles were related to higher education levels. For higher education levels, the age-earnings profile presents steeper parabolic shapes. An earnings peak for higher educational levels at later ages was found only for 1974. Technological…

Explores whether cost of attending elite private colleges bears a return rate comparable to other human capital investments. Compares net present worth of attending elite private colleges to that of less selective public colleges. Private investments in educational quality yield a return rate equal to the return of investments in education…

Occupational difference by gender is a key feature of the labor market. While this is less true of college graduates than other groups, even among them men and women are concentrated in different occupations. While differences in occupations for college graduates are often attributed to college major, few tests of this hypothesis have been…

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…

Investigates effect of human capital on growth in three groups of countries that exhibit significantly different levels of economic development. Findings of the cross-country data sets suggest that link between growth and education varies as a result of different levels of economic development. The role of primary and secondary education seems to…

Uses data from Japanese households to calculate the income elasticities of educational expenditure, allowing elasticities to vary nonmonotonically with household income. Explores whether income elasticities for education peak in the middle-income categories and diminish for the lower and upper ends of income distribution. Income elasticities do…

Addresses the separation of human capital studies into distinct fields of education and health. The main difference between the fields may be the ability to measure objectively the value added of health care expenditures, in contrast to the earnings valuation of education. As a result, the two fields (and their literatures) separate theoretically…

Using a large German Socioeconomic Panel data set for the period 1984-98, investigates the wage effects of two different measures of educational mismatch, overeducation and undereducation, when controlling for unobserved heterogeneity. Finds that wages differences between overeducated and undereducated workers totally disappear in most cases.…

Uses a growth model involving an aggregate production function to measure social benefits from human capital improvements due to investments in Hong Kong higher education. Returns calculated using the production-function approach are significantly higher than those derived from the wage-increment method. Returns declined during the past 10 years.…

We study whether the combined significant reduction in the pupil-teacher ratio and increase in parental education observed in Italy between the end of the second World War and the end of the 1980s have had a significant impact on the educational attainment and the labor market returns of a representative sample of Italians born between 1941 and…

Gender earnings differentials in China during the course of development in the post-reform period were examined. The analysis showed that the female-male earnings ratio increased over time in all regions. The region with relatively rapid economic reforms had the highest female-male earnings ratio. Decomposition of the gender earnings differential…

Large rural surveys from Bolivia, the Dominican Republic, Guatemala, and Paraguay were used to examine education's role. Education has a consistently important effect that differs across countries. It is strongest in the modernizing environment context and consistently related to social differentiation, except in Guatemala. Productivity effects…

Proposes and tests a model permitting analysis of the relationship between young children's time allocation decisions and the pattern of their early educational achievement. Suggests that these time allocation decisions are influenced by children's ages and abilities relative to their classmates and that the decisions ultimately affect later life…