Estimates returns to education in Slovenia, based on a Mincerian earnings function derived from 1978, 1983, and 1993 Household Expenditure Surveys. Estimated return rates for all educational levels and for both sexes were rather low in 1978 and 1983, due to a tightly controlled labor market and direct state interference. In 1993, estimated return…

Estimates earnings reported by 219 recent college graduates and earnings expected by 248 college seniors, considering seven variables. Although students' expectations generally accord with recent graduates' marketplace experiences, students underestimate the earnings outcome of working more hours and overestimate age effects. The model holds truer…

Drawing on empirical studies from five countries (Netherlands, Spain, Portugal, United Kingdom, and United States), over 2 decades, outlines irregularities in the incidence of over- and under-education and consequences for individual earnings. The overall incidence of overeducation in the labor market is about 26 percent. (Contains 33 references.)…

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…

Analyzes South African education's labor market productivity by race and compares it to investment levels. Investment highly favored whites, with interesting variations. Per capita and total investment in general secondary education of blacks is neglected relative to the same group's university and technical education. University subsidies appear…

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…

Compares graduates of the formal vocational and technical education (VTE) system in the Ivory Coast with those of informal apprenticeships, regarding job access, earnings, and the internal rate of return to investment in education. Promoting informal VTE could increase society's returns to educational expenditures and assist the informal sector's…

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…

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…

Analyzes National Longitudinal Survey of Youth data to examine whether adolescents living in low-income cities have less accurate information about labor market institutions than affluent teens and whether information influences attainment. All teens underestimate educational requirements. Inner-city teens have less information than those in other…

Despite numerous studies examining nursing wages, very little attention has focused on nursing wage differentials. We build on previous research by modeling nursing wages and examining male-female wage differences within the context of the current nursing shortage. Our results show that male nurses do earn a wage premium, largely explained by…