Using longitudinal data of college graduates in Colombia, we estimate labor market returns to postsecondary degrees and to various skills--including literacy, numeracy, foreign language, and field-specific skills. Graduates of academic programs and schools of higher reputation obtain higher earnings relative to vocational public programs. A one…

Reverse transfer associate degrees are credentials retroactively awarded to current bachelor's degree seekers, combining four-year credits with credits previously earned at a community college. Using administrative data from Tennessee, we use a difference-in-difference design to compare students before and after receipt of a reverse transfer…

Reverse transfer associate degrees are credentials retroactively awarded to current bachelor's degree seekers, combining four-year credits with credits previously earned at a community college. Using administrative data from Tennessee, we use a difference-in-difference design to compare students before and after receipt of a reverse transfer…

I study the effect of higher education on lifecycle earnings and focus on three ways in which education may help drive earnings: the effect of higher education on one's skills, the effect on one's ability to accumulate new skills in the future, and the relationship between education and one's likelihood of unemployment. In the first chapter, I…

We explore the impact of excess credits, defined as additional credit hours accumulated by students beyond the required number of hours, on labor market outcomes. We consider whether additional credits have any impact on the labor market outcomes of job mismatch and income. Data are taken from the Baccalaureate and Beyond (B&B) study, a…

This article revisits the Mincer earnings function and presents comparable estimates of the average monetary returns associated with an additional year of education across different regions worldwide. In contrast to the traditional Ordinary Least Squares (OLS) method commonly employed in the literature, this study applied a cutting-edge approach…

The authors examined cocoa farmers' participation in Farmer Business Schools (FBS) in Ghana, impacts of livelihood outcomes (human, physical, financial, and social capitals) on participation, and implications of participation on productivity and per capita expenditure. We used cross-sectional data from 150 cocoa farmers. Data was analyzed with…

21st century research, to date, indicates that the private and social returns from higher education are substantial. The subtext of both human capital theory and the signaling model is a belief that higher earnings are an indicator of "earned merit"; an assumption called into question, challenging the meritocratic basis for earnings…

The growing number of studies stresses the importance of social investment at an early age by showing that social investment at this period has the highest returns in human capital. The main instrument of social investment at an early age is high quality early childhood education and care services. The aim of the research was to identify whether…

Studying abroad may allow students to form human capital in ways not possible at home and may enable them to earn higher incomes. On the other hand, study abroad has been criticized as insufficiently rigorous. Little is known about how study abroad affects skills and earnings in the long term. Using a data set of 3,155 students over a range of…

Prevailing research argues that childhood misbehavior in the classroom is bad for schooling and, presumably, bad for labor market outcomes. In contrast, we argue that some childhood misbehavior represents underlying socio-emotional skills that are valuable in the labor market. We follow work from psychology and categorize observed classroom…

This article examines the long-run effect of higher education, measured in average years of tertiary schooling, on the level and growth rate of national per capita income. It uses an improved dataset on educational attainments which not only reduces measurement error but also overcomes data comparability issues and allows us to estimate the…

We quantify the returns to higher education for degree disciplines, namely 'professional' degrees, Medicine/Dentistry, Law, Accountancy and Psychology, within the UK from 2007 to 2015. We estimate the returns to education in the form of employment and wage premia associated with each subject. Our analysis contributes to the existing literature on…

Human capital theory and rate of return methodology have long been a dominant framework in comparative and international education and other fields. While there have been criticisms since its inception, it has been ubiquitous and widely accepted as an important mechanism for educational planning, evaluation, and policy making. In this article, I…

The impact of charter schools on early-life labor market outcomes using administrative data from Texas is estimated. It was found that, at the mean, charter schools have no impact on test scores and a negative impact on earnings. No Excuses charter schools increase test scores and four-year college enrollment, but have a small and statistically…