Presents rates of return to educational investment in former Yugoslavia by region, by education level, by gender, and for society and the individual. The private rates of return are higher than the social rates. Rates of return decrease with the stock of educational capital and with economic development. Socialism's effects on rates of return are…

Evaluates technical secondary education in Togo and Cameroon from the market perspective, using tracer study data. To help overcome difficulties in finding employment after training, many individuals secure work in the low-paying informal sector. One solution is to stimulate and enhance the role of informal training through apprentice training…

Presents new estimates of the rates of return to Brazilian education in 1989. Modifies customary Mincerian methodology to capture the wage effects of changes in the labor force's educational structure. Results suggest that workers with less than university education compete with each other (are substitutes), whereas more highly educated workers…

Using data from the 1985 Buenos Aires (Argentina) Household Survey of 4,500 employed individuals, earnings differences are explained by a set of individual human capital characteristics. Returns to education investments are then estimated for different levels and types of schooling. Secondary and higher education investments need to be retargeted.…

Employers often use education and other ability measures as indicators of unmeasured ability dimensions. This paper presents tests of signaling, relying on differences in earnings functions for salaried individuals in screened occupations versus self-employed individuals in unscreened positions. Vocational associate degrees and high school grades…

Hypothesizes that the labor market recognizes differences in the educational quality and quantity of urban and suburban education and rewards young workers accordingly. Estimating earnings equations for African-American and white youths shows that attendance at a central city high school does, indeed, lower earnings between 4 and 10 percent. (12…

Examines labor market outcomes of individuals with various types of postsecondary educational experiences, highlighting differences between students who have pursued technical programs, those who have pursued academic programs and those who have not pursued postsecondary education. Employs a triage model suggesting that employer-employee matches…

Applies comparative techniques originated by K. Wolpin and G. Psacharopulos to discriminate between the "weak" and "strong" screening hypotheses, employed to determine whether societal investment in upgrading or expanding education is justified. Controlling for sample selection, this study finds evidence for weak screening in…

Using Botswana household income data, shows that education's rates of return rise by education level. The human capital model remains robust. Education is not income-equalizing; women are paid less than men despite being more highly educated. Private educational financing, job creation, and increased gender equity are needed. (Contains 27…

This special issue was inspired by Greg Duncan and Saul Hoffman's 1981 article on the "incidence and wage effects of overeducation." These researchers used a Mincer earnings equation to determine that a substantial number of American workers were over- or under-educated for their chosen occupations. (MLH)

Investigates whether structural changes in the U.S. labor market affected the rewards and penalties associated with having too much or too little schooling for a job. Applies U.S. results to Germany's more structured ambience. In all cases, productivity and wages were affected by workers' education levels. (Contains 34 references.) (MLH)

Applying a three-step methodology on a sample of Belgian college students, an econometric study discovered that students consider two dimensions of their prospective educational choice (economics and "a priori" chances of success) and that poorest students weigh the risk component heavily. Intervention would promote efficiency and…

Uses individual-level 1990 census data to estimate multinomial logit models (featuring county-level averages) of young men's and women's educational enrollment and employment behavior. Estimates indicate that high-school leavers are sensitive to earnings opportunities. For graduates, increases in current earnings modestly reduce enrollments and…

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…

Uses longitudinal data from current population surveys to examine the responsiveness of educators to wage differentials between occupations and between districts and to determine wage growth rates experienced by educators at wage levels above and below either national norms or the average wage levels of similarly experienced educators. (Author/PGD)