This paper estimates returns to education during a period of sharp wage cuts in Greece, considering both the endogenous nature of education and women's self-selection. Findings suggest that dramatic wage declines were followed by sharp decreases in returns to education, while the documented convergence of returns between genders is an added…

This study examines the return to education in South Korea by comparing metropolitan areas with non-metropolitan areas. It utilizes the Korean Labor and Income Panel Study from 2018 and 2019 for analysis, alongside the Mincer equation. The findings indicate that female workers have a higher return to education compared to male workers. The Oaxaca…

Despite decades and hundreds of billions of dollars of federal and state investment in policies to promote postsecondary educational attainment as a key lever for increasing the economic mobility of lower income populations, research continues to show large and meaningful differences in the mid-career earnings of students from families in the…

In 2021, Child Trends was selected to conduct a literature review and develop a policy and practice report to map the history of systemic racism in the U.S. and how it has influenced early childhood education (ECE) policy and practice, with a particular focus on educator pay and benefits, preparation, and workforce stability. This report…

This report examines the growing interest in expanding access to postsecondary education through non-degree certificate programs and associate degree programs. This policy report seeks to better understand the implications of these trends by analyzing employment experiences and earnings outcomes of individuals whose highest level of educational…

We use the near universe of U.S. online job ads to document four new facts about the skills employers demand from college majors. First, some skills--social and organizational--are demanded from all majors whereas others--financial and customer service--are demanded from only particular majors. Second, some majors have skill demand profiles that…

This paper studies the causal impacts of public universities on the outcomes of their marginally admitted students. I use administrative admission records spanning all 35 public universities in Texas, which collectively enroll 10 percent of American public university students, to systematically identify and employ decentralized cutoffs in SAT/ACT…

We survey undergraduate students at a large public university to understand the pecuniary and non-pecuniary factors driving their college major and career decisions with a focus on K-12 teaching. While the average student reports there is a 6% chance they will pursue teaching, almost 27% report a nonzero chance of working as a teacher in the…

Using data collected from more than 5.8 million high school and college graduates ages 18 to 65 years who participated in the American Community Survey between 2009 and 2021, the authors estimate the internal rates of return (IRRs) for individuals with college degrees in 10 broad majors compared with high school graduates. The analysis shows…

The author of this article provides an example of how one might incorporate behavioral economics into teaching macroeconomics or labor economics at an undergraduate level. The focus is on two macroeconomic concepts--wage determination and the Phillips curve--and shows that the implications and conclusions of both models differ from their textbook…

Background: The landscape of education is increasingly recognizing the impactful role of Career and Technical Education (CTE) programs in preparing students for the workforce. In Delaware, the implementation of CTE programs has been substantial, offering students opportunities to earn college credits, attain industry certifications, and gain…

In 2021, the DC Council established the Early Childhood Educator Pay Equity Fund ("Pay Equity Fund") to improve compensation for early educators in licensed child development centers and homes. The fund leverages a tax on individuals earning more than $250,000 a year to sustainably fund supplemental payments to early educators in efforts…

Manufacturing employers often cite challenges to finding and hiring a sufficient number of highly skilled and diverse workers, so it is important to understand how pathways into manufacturing and the retention of manufacturing workers may be improved. The authors of this report address this research gap by examining the pipeline between Ohio's…

When examining career pathways, post-secondary institutions such as community colleges align education and training to career success, aiming to connect students to gainful employment. Career pathways support the skill needs of industries and incorporate competencies in an occupation or field represented by certificates and degrees awarded by the…

When workers hear about a possible promotion, it is common for them to get training, and they can do so through education. However, there is the possibility that the worker needs to receive a salary according to the knowledge acquired in such training. In this study, considering a population of employed workers with incomplete secondary school, we…