Using data from the Program for the International Assessment of Adult Competencies, this paper compares the earnings premium and employment share of jobs in Science, Technology, Engineering and Mathematics (STEM) across 11 member countries of the Organisation for Economic Co-operation and Development. The results reveal that the STEM wage premium…

Using data from the Program for the International Assessment of Adult Competencies, this paper compares the earnings premium and employment share of jobs in Science, Technology, Engineering and Mathematics (STEM) across 11 member countries of the Organisation for Economic Co-operation and Development. The results reveal that the STEM wage premium…

The Middle East and North Africa region has the world's lowest returns to education. This paper examines what the value of a degree is using nationally representative labour market surveys from Egypt (2012), Jordan (2010) and Tunisia (2014). Specifically, the authors estimate Mincer models for levels and years of schooling. They find that returns…

On June 8, News Corp., a media company owned by Rupert Murdoch, snatched two leading school district administrators to head its new education division. Peter Gorman, former superintendent of the Charlotte-Mecklenburg (N.C.) Schools, is the unit's new senior vice president, and Kristen Kane, the former chief operating officer of the New York City…

This paper examines the wage returns to qualifications and academic disciplines in the Greek labour market. Exploring wage responsiveness across various degree subjects in Greece is interesting, as it is characterised by high levels of graduate unemployment, which vary considerably with the field of study, and relatively low levels of wage…

This study provides the first nation-wide analysis of the labor market implications of occupational licensing for the U.S. labor market, using data from a specially designed Gallup survey. We find that in 2006, 29 percent of the workforce was required to hold an occupational license from a government agency, which is a higher percentage than that…

Some of the questions most frequently asked of the North Dakota University System relate to the status of graduates and program completers of state educational institutions. Follow-up Information on North Dakota Education and Training (FINDET) is a consortium of several state agencies formed to provide answers to those questions. This report,…

This paper examines the incidence and determinants of overeducation in the Belgian private sector. Two different approaches are used to define overeducation by means of data on characteristics of employees and employers. Using the 1995 "Structure of Earnings Survey", between 22% and 24% of the workforce is found to be overeducated.…

Reestimates the P-test in the United Kingdom, correcting for the possible endogeneity of employment sector. Results do not support the strong screening hypothesis. After accounting for selectivity bias regarding choice of employment sector, the rate of return for the private sector is still higher than for the public sector. In 1985, an extra year…

Uses Greek data for 1981 and 1985 to test screening hypothesis by replicating method proposed by Psacharopoulos. Credentialism, or sheepskin effect of education, directly challenges human capital theory, which views education as a productivity augmenting process. Results do not support the strong version of the screening hypothesis and suggest…

Including family background variables in the wage equation significantly decreases estimated returns to a worker's own schooling. Using data on family members' schooling, this paper identifies family background's substantial effects on returns to schooling in Taiwan. The father's schooling is more important than the mother's in explaining wage…

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…

The key characteristics, representation, and salaries of women in management versus those of their male counterparts were examined through an analysis of Current Population Survey data collected in March 1995 and 2000. The study focused on the following 10 industries: communications; public administration; business and repair services;…

Occupational supply and demand in Washington State was examined by comparing projected supplies of skilled workers coming out of the state's community and technical colleges against the projected demand among Washington employers for people qualified to enter particular occupations. The analysis was based on a January 2000 report, information…