Using the China Family Panel Studies, we identify the subjects studied by vocational college and university graduates, with the latter group further divided into ordinary and key universities. While the returns are around 8-10% to attending colleges and ordinary universities, there are higher returns of 12-16% per annum to attending the more…

Technology provides a new and effective tool for accelerating economic growth, and developing countries are embracing technology and education as the means toward attaining economic parity with the United States and other developed nations. Evidence suggests that this strategy is paying off. Developing countries are building a technology…

This book examines the political and economic consequences of the United States' growing reliance on the market and the effects that this growing reliance is having on U.S. workers and their families. The following are among the topics discussed in the book's 10 chapters: (1) consequences of the turn to the market (disinvestment, imbalance between…