Background/Context: In the field of educational research, conventional wisdom holds that primary-level schooling, specifically literacy acquisition, promotes economic mobility for individuals and economic development for the nation. This belief is rooted in human capital theory, the causal argument claiming that state investment in schooling or…

This paper uses household level data from National Sample Survey Organization (NSSO) of India, the 55th round (1999-2000), to show that for urban male children there exists significant wage incentive for schooling, though school dropout rate and child labour incidence are not so small. The parents' level of education plays an important role in…

Maximizing allocations of all human capital investments (in children's schooling, health, nutrition, and general development) may hinder the identification of education's actual effects. Relative price variations across individuals are difficult to measure even if nonschooling investments are observed. Therefore, schooling's impact is usually…

In contrast to traditional liberals, neoliberals share a commitment to greater economic risk-taking, support for entrepreneurism, a new industrial policy, and a different Federal Role. While New Deal and Great Society liberalism may have been more favorable to blacks, perhaps more balanced and equitable policies for blacks could be developed if…

The terms "overeducation" and "undereducation" can be misleading. The rise in overeducation might be taken as evidence that expansion of schooling has gone too far. However, there are positive and substantial returns to overeducation. (SK)

By 2025, 22 percent of the U.S. college-age population will be Latino, a level already exceeded in four states: California, Florida, New York, and Texas. However, today, only seven percent of Latinos ages 18 to 24 have an associate's degree or higher compared to 9 percent of African Americans, 16 percent of white, and 25 percent of Asians of the…

"Childhood Programs and Practices in the First Decade of Life" presents research findings on the effects of early childhood programs and practices in the first decade of life and their implications for policy development and reform. Leading scholars in the multidisciplinary field of human development and in early childhood learning…

This paper examines the relationship between the incentives to work and to invest in human capital through education in a lifecycle optimizing model. These incentives are shown to be mutually reinforcing in a simple stylized model. This theoretical prediction is investigated empirically using three large micro datasets covering a broad range of…

Utilizes a human capital model to estimate sectoral earnings functions for three groups of Kuwait workers, using 1983 national labor survey data. Results suggest that public-sector workers earn more than private-sector workers, that competitive forces and education effects are greater in the private sector, and that nationals earn substantially…

Returns to investment in education based on human capital theory have been estimated since the late 1950s. In the 40-plus year history of estimates of returns to investment in education, there have been several reviews of the empirical results in attempts to establish patterns. Many more estimates from a wide variety of countries, including…

This paper presents the first evidence of the effects of school accountability systems on the long-term human capital development of high-performing, college-bound students. The results are mixed. On the one hand, the evidence is consistent that school accountability sanction threats are associated with changes in student study habits. Students…

The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement. With contributions from leading researchers, each Handbook presents an accurate,…

Discriminant analysis of data from Georgia counties was performed on eight variables (continuing education enrollment, vocational education enrollment, high school dropout, county employees, per capita income, per pupil costs, median years of education, criterion-referenced test scores). Results supported Schultz' argument for the impact of human…

Examines whether devoting more resources to education can positively affect the distribution of income within a country. Finds that public-education expenditures appear to be associated with a subsequent decrease in the level of income inequality. Finding is robust to the inclusion of various control variables and appears to be larger in…

This paper brings together some key concepts and proposes a conceptual framework for understanding and evaluating determinants of learning outcomes. The framework facilitates the process of theorizing and hypothesizing on the relationships and processes concerning lifelong learning as well as their antecedents and consequences. The specific aims…