In this study, we explore the value of personality characteristics in explaining success in labor market entry with a sample of graduates in economics from Maastricht University (the Netherlands). Specifically, the paper addresses the following twofold research question: does personality explain labor market outcomes, and how much weight does this…

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…

Adult students (25 years old and over) currently constitute 43% of all college students. This paper investigates the importance of college timing in determining earnings. Findings show that those who complete college at a later age receive a significantly smaller initial earning increase than those who acquire their education earlier in life.…

Estimates perceived rates of return to higher education in Cyprus, and uses them in logistic regression analysis to study effect of economic considerations on secondary students' decision to pursue higher education. The mean rate of return to higher education estimated by college candidates is considerably higher than that perceived by labor…

Uses a data set of Portuguese workers to explore whether a discrepancy exists between workers' educational attainment and job skill requirements, with the related impact on earnings functions and returns to education. Apparently, earnings are not uniquely determined on the basis of workers' educational attainment, but also on worker's placement in…

Using data from the manufacturing sector of Iran, examines the existence of hierarchical structure in data used and the advantages of employing multilevel modeling in human capital analysis of earnings differentials. Finds that (1) data used are dominated by a hierarchical structure and (2) the amount of education and experience is significantly…

In the South African context, the schooling returns of young African males aged 20-29 increased significantly between 1975 and 1985, whereas the returns enjoyed by older African males improved only negligibly. This paper shows that an improvement in schooling quality for Africans between the early sixties and early seventies partly explains the…

Uses 1986 market sector earnings data to estimate rates of return to investment in primary, secondary, and university education in Papua New Guinea. Gains in economic and social development are available by shifting government funding in favor of lower educational levels and selecting and retaining pupils completing schooling cycles by level. (66…

Considers overeducation in the context of the UK labor market, using a one in six sample of 1980 UK college graduates surveyed in 1986. Fully 38 percent of graduates were overeducated for their first job; 6 years later, 30 percent were overeducated and earned less than peers in graduate-level jobs. (Contains 26 references.) (MLH)

Investigates the relationships among schooling, experience, job status, and earnings in a large, private company in India. Results indicate that job status rises monotonically with experience and channels the transmission effects of schooling and experience onto earnings. Marginal productivity theory and the weak version of the screening…

Analyzes the effects of language practice on earnings among adult male immigrants in Canada. Finds that earnings increase with schooling, pre-immigration experience and duration in Canada, as well as with proficiency in the official languages (English and French). Using selective correction techniques, finds that greater proficiency in the…

Lasting imbalances between the demand for educated labor and the size and educational composition of the supply of university graduates has been a common phenomenon for both developed and developing countries. Drawing on human capital theory, this paper develops a methodology to help education planners restore the balance. Includes 49 references.…

Presents evidence concerning the rate of return to investment in education in 32 countries. The emerging pattern shows declining returns through time, viewed in the context of alternative theories about the education-earnings relationship. The evidence supports a human capital model and continued expansion of education in developing countries.…

Provides microeconomic estimates of the returns to education in Spain, using 1990 Spanish labor force survey data. The rate of return to education is higher for self-employed than for wage and salary workers. Secondary education is better compensated in the private sector, whereas a university education is better compensated in the public sector.…

Examines major determinants of economic development in South Korea and Taiwan. Investigates the role of human capital, measured by educational attainment, in driving output growth and enlarging the labor income share. Physical capital accumulation and export expansion affected output growth in both nations. Although technical progress…