This paper examines the daily labor supply of a potentially important, but often overlooked, source of instruction in U.S. public schools: substitute teachers. I estimate a sequential binary-choice model of substitute teachers' job-offer acceptance decisions using data on job offers made by a randomized automated calling system. Importantly, this…

As schools and districts seek to recruit teachers, individuals in non-teaching professions are an appealing possible pool. These potential teachers come with work experience and may have expertise that would serve them well in the classroom. While there has been substantial rhetoric assailing the virtues of teachers with prior professional…

Models the interaction between human capital supply and demand with a production block and a labor supply block explored empirically for the Netherlands on a time-series basis. Simulates economic development, assuming a 20-year international business cycle. Shows government stabilization policy as effective in maximizing long-range growth.…

Foreign born professionals, especially those educated in the U.S., have become increasingly important to U.S. labor markets. This paper assesses the general effect of the Eilberg Act (1976) and subsequent U.S. Department of Labor implementations on new seed professionals' potential immigration patterns. The act could diminish opportunities for…

Uses 1981 and 1991 census data to study the incidence and wage consequences of adequate schooling, overschooling, and underschooling in Hong Kong. Using the objective "mode" definition of adequate schooling, less than one-half of workers in the sample were adequately schooled; overeducated workers predominated. (Contains 20 references.)…

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…

Develops a model of teacher salaries and teacher supply and demand, including production functions, occupational choice, budget constraints, and district income and tax rates, as an aid in analyzing educational finance reforms. Tests the model on Pennsylvania school district data, using three different assumptions about labor market competition…

A 1980 shift in Korean education policy suddenly increased the number of college entrants by 30% and reduced young college graduates' wages relative to those of young high school graduates. Older college graduates' wages increased slightly. This paper examines labor supply effects and shows that 1980s technology changes increased the relative…