Much research has been made in recent years on the effect of over and under education on earnings. In this paper, I examine the validity of the assumption that the return to over (under) education is independent of the level of education. I use data from the PIAAC survey to estimate the return to education. The findings show that while this…

This paper revisits the relationship between human capital and income inequality, using an updated data set on human capital inequality and a novel database on earnings inequality. We find an inverted U-shaped relationship between these two inequality indicators, but with significant differences across countries regarding the turning point.…

Understanding the gender dynamics in educational transitions can help target policies to support equitable access to education as well as its quality and labour-market outcomes. In almost all OECD countries, the gender gap in favour of women is wider in tertiary education than at upper secondary level. Differences in programme orientation and…

In the last decades, developed economies have witnessed significant declines in wages for low-skill workers, increases in employment in high-skill occupations, rapid diffusion of new technology, and expanding offshoring opportunities. Labor markets in developed countries have reallocated labor from manual to cognitive jobs and from routine to…

Adults tend to lose their information-processing skills as they age, especially if they do not use them. While older adults may compensate for this loss by developing other valuable skills, the importance of being proficient in information-processing skills in determining wages and employment does not diminish as workers age. Probably the most…

Mixed findings characterize the literature on skills and economic distributions within and across countries. The Programme for the International Assessment of Adult Competencies (PIAAC) offers new, internationally comparable data on literacy, numeracy, and digital problem-solving skills that can be combined with wage information. This paper…

To commemorate International Women's Day on March 8, 2015, GMAC prepared this Data-to-Go brief as a summary of current GMAT test taker and research data about women in the business school pipeline. Findings in this Data-to-Go report are derived from several sources of GMAT test taker data and GMAC surveys conducted in 2014 and 2015. In testing…

Many educational institutions are developing or expanding open and distance learning (ODL) programs, and all face difficulties ensuring that teaching materials of the right quality are developed on time. This report examines solutions to the problem, focusing on training, policies, and management structures that encourage timely development of…

This review of child poverty in rich countries finds that the proportion of children living in poverty in the developed world has risen in 17 out of the 24 OECD nations for which data are available. No matter which of the commonly-used poverty measures is applied, the situation of children is seen to have deteriorated over the last decade. UNICEF…

This book looks at the issue of youth unemployment and examines policy responses. Part I considers the youth unemployment problem. Chapter 1 is an overview, covering size of the problem and the close relationship between youth and adult unemployment. Chapter 2 examines youth unemployment characteristics and distribution of unemployment across…

This book examines the political and economic consequences of the United States' growing reliance on the market and the effects that this growing reliance is having on U.S. workers and their families. The following are among the topics discussed in the book's 10 chapters: (1) consequences of the turn to the market (disinvestment, imbalance between…