Purpose: Higher education, including research, depends crucially on the people involved, their talents and human capital. Therefore, a university can improve or at least maintain its standing by hiring only the best available academics. Hiring the absolute best may be too expensive for most and is impossible for all. However, it is not too…

Most economists expect the current economic downturn to be one of the most severe since World War II. In fact, there is a very real danger that the changing circumstances of students, families, state and federal governments, and educational institutions could interact to significantly diminish educational opportunity in the United States. The most…

In this study a model for the supply of college educated labor is developed from human capital theory. A demand model is added, derived from neoclassical production function theory. Empirical estimates are made for white males and white females, using cross-sectional data on states of the U.S., 1960-70. In human capital theory, education is an…

Examines education's influences on Canada's employment, wages, and industrial production, using 1990 cross-sectional, provincially grouped statistical data. Workers disaggregated by educational attainment are substitutes for one another. Capital and all labor groups disaggregated by education are complements. Earnings differentials between better-…

The major issues surrounding the relationship between work and education now concentrate on the effects of education on productivity, on the effects of technology on the changing demand for education, and on the value of vocational education. In replacing the human capital theory of the value of education in the workplace, some recent theories…

Keeping the existing information technology (IT) workforce viable and rapidly increasing the number of these workers presents a United States public policy workforce development (WD) challenge at all government levels. Public policy human capital investments have been undertaken to address the IT workforce supply and demand mismatch. States seem…

Past investments in the U.S. work force--early childhood interventions, formal education, and training--have improved productivity and made important contributions both to the wages of individuals and to the growth of the economy. Excellent, comprehensive prenatal care, good nutrition, medical care, and intensive early childhood education programs…