This paper is a review of the literature in economics on the effect on earnings of human capital investment from Adam Smith to the early 1980s. It discusses the use of the net present value (NPV) technique by Walsh and Friedman and Kuznets, and Becker's use of the NPV to estimate the internal rate of return to schooling. The first regression-based…

We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets. Furthermore, the protection double majors experience is more…

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…

This study deployed a mixed-method approach to explore how international graduates identified and strategically utilised their resources to negotiate employability in the host country. One hundred and eighty international graduates from Australian universities participated in a survey and in-depth interviews. Findings revealed that employability…

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…

Court ordered desegregation plans were implemented in hundreds of US school districts nationwide from the 1960s through the 1980s, and were arguably the most substantive national attempt to improve educational access for African American children in modern American history. Using large Census samples that are linked to Social Security records…

Today, one of the long-term development goals of Azerbaijan is to train competitive human capital in higher education in the 21st century in accordance with the modern requirements of the labour market. In this context, the modernisation of the quality assurance system in higher education in Azerbaijan is one of the priority issues. The article…

This dissertation presents three separate essays. The first two essays explore the gender wage gap and its dynamics in urban China from 1995 to 2018. The first chapter decomposes the gender wage gap based on the observed wage for workers with a precise measure of the hourly wages. The first chapter examines the observed average gender wage gap in…

In Egypt and Jordan, there is a substantial mismatch between the output of the higher education system and the needs of the labor market. Both demand and supply-side factors could be driving this mismatch. This paper tests a key supply-side issue, whether differences in the institutional structures and incentives in higher education affect the…

Purpose: This paper aims to understand the development track of skills mismatch research and discover the hidden internal connections between literature. Design/methodology/approach: The authors gathered data through scientometric quantitative analysis using CiteSpace. Specifically, this article applied basic analysis, journal cocitation analysis…

According to a prominent hypothesis, the occurrence of educational mismatches is consistent with human capital theory since over- and undereducation are substitutes for heterogeneity in the abilities and skills among educational peers. Using German data[superscript 1] of literacy and numeracy test scores, I find evidence that compared to their…

We examine how workers invest in human capital following unanticipated local labor market downturns. We find that, on average, two-year college enrollment increases by three students within three years for every one hundred workers laid off. This rise in enrollment accounts for half the observed increase in labor force nonparticipation following…