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…

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…

More than ever, nations around the world understand that science, technology, engineering, and mathematics (STEM) skills are key to driving economic growth and overall competitiveness. A compact between the United States, through the Millennium Challenge Corporation, and the country of Georgia's government sought to bring international higher…

International student mobility (ISM) has received much attention in the literature on international migration. However, most of the studies assume that investment in skills and knowledge by international students is guided by economic motivations only. Importantly, with an increase in the proportion of international student mobility in total…

Using a unique European dataset for graduates, this paper examines the determinants of college satisfaction and investigates the relative importance of human capital, course composition, and subsequent employment outcomes. We find that aspects of the degree programme related to the mode of teaching and personal development were considerably more…

Based on the theory of standardising the academic approach and human capital theory, this study gauged how the respondents from Cebu Technological University-Daanbantayan Campus Graduate School fared in the work arena. It describes the human capital afforded to them by the university, their employment status, the effect of school-related factors…

Data from two research projects with adult literacies practitioners based in Scotland are used to illustrate how policies underpinned by ideologies based on Human Capital Theory (HCT) lead to a narrow conceptualisation of the purpose of literacies education. It is argued that HCT ideology permeates international and national policies and thus…

PIAAC data are used to evaluate the extent of overeducation in G7 countries. Incidence of overeducation is seen to vary systematically with a number of demographic characteristics. The impact of overeducation on remuneration is then estimated using quantile regression. This impact is observed to be minor, suggesting that while some individuals…

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…

Human capital development is crucial for economic growth. Policymakers must understand the factors influencing human capital accumulation since they may vary by setting and sector. For example, micro-enterprise employees enhance their skills through on-the-job training or vocational programs. In educational institutions, family and school…

The convergence of a digital transformation and a growing youth population in Africa represents an opportunity to harness digital and demographic dividends to boost human capital development. Higher education institutions play a central role in this process as the demographic dividend is accrued from the rise in the proportion of educated…

Using cross-sectional data, collected via a survey from the Greek healthcare sector, we estimate both the private (direct) and public/social (indirect) returns to education from an increase in an employee's educational level. By utilising a spatial econometrics approach, we control for the aggregation problems that plague the majority of the…

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…

In the present study I use teacher value added and evaluation rating data from North Carolina public schools to estimate the signaling and human capital effects of graduate degrees. These analyses consider the effects of graduate degrees, overall, and the effects of graduate degrees inside and outside teachers' area(s) of teaching. Signaling…

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…