For outsiders to higher education institutions (HEIs) in South Korea, predicting the outcomes of the International Education Quality Assurance System (IEQAS)--a Korean institutional accreditation system for HEIs--is challenging. The annual IEQAS accreditation has been conducted behind closed doors; the assessment process is confidential, and there…

Financial analysts generally create static formulas for the computation of NPV. When they do so, however, it is not readily apparent how sensitive the value of NPV is to changes in multiple interdependent and interrelated variables. It is the aim of this paper to analyze this variability by employing a dynamic, visually graphic presentation using…

While school enrollment at the primary level has been rising in developing countries rapidly, international measures of education quality do not exhibit a parallel improvement. Since parents' expenditure is an important determinant of children's school performance, we investigate parents' investments on quality measured by their spending on books…

With the release of this comprehensive new report, MENTOR: The National Mentoring Partnership has provided the mentoring field with important new data about the scope of mentoring in the United States. This report advances what is understood about mentoring in several important ways. First, it moves beyond a simple head count to explore Americans'…

This paper examines the prevalence and the costs of pre-entry coaching programs before and after the introduction of the Unified State Examination in Russia. The efficiency of private tutoring under the new standardized university admission procedures is estimated. It is argued that the main types of pre-entry coaching are still in demand, however…

This study leverages human capital theory to identify the correlates of expected returns on investment in higher education at the level of institutions. We leverage estimates of average ROI in post-secondary education among more than 400 baccalaureate degree conferring colleges and universities to understand the correlates of a relatively new…

This article examines the relationship between pre-entry coaching (both in terms of money and effort) and the achievement of Russian high school graduates as measured by the results of the Unified State Examination (USE). Using a data set of students from the 16 biggest Russian cities, which includes information on USE results, family background,…

The acceptance of new growth theory relates, in part, to a number of highly touted regional success stories--or what I term "Knowledge Based Economic Areas" (KBEAs) in this and past essays. The United States, and California in particular, is viewed as perhaps the most robust creators of KBEAs, providing an influential model that is…

This paper uses a rich longitudinal dataset to measure the evolution of the gender differences in numeracy among school-age children in Indonesia. Girls outperformed boys by 0.08 standard deviations when the sample was around 11 years old. Seven years later, the gap has widened to 0.19 standard deviations, equivalent to around 18 months of…

Making decisions over multivariate time series is an important topic which has gained significant interest in the past decade. A time series is a sequence of data points which are measured and ordered over uniform time intervals. A multivariate time series is a set of multiple, related time series in a particular domain in which domain experts…

In 1979, less than 30% of full-time university students in Canada worked for pay during the academic year. By the mid-2000s, this had risen to 45%. This trend to increasing work among full-time students is also evident in other countries, and may be a concern if it reduces students' investment in human capital during their studies. I find that,…

Our fixed-effects panel data analysis of state spending on higher education fills a near void of studies examining capital expenditures on higher education. In our study, we found that political characteristics (e.g., interest group activity, organizational structure, and formal powers) largely account for differences between general fund and…

Effective investment strategies help companies form dynamic core organizational capabilities allowing them to adapt and survive in today's rapidly changing knowledge-based economy. This dissertation investigates three valuation issues that challenge managers with respect to developing business-critical investment strategies that can have…

The challenges facing publicly funded community colleges have never been greater. Declining state and federal support and decreasing property tax revenues have placed a tremendous pressure on tuition rates. Declining revenues combined with the lack of adequate cost control, has caused in-state tuition and fees at public 2-year colleges to increase…

This paper examines the importance of trade openness for attracting Foreign Direct Investment (FDI) inflows, using a sample of 36 developing economies for the period 1990-2008. It provides a direct test of causality between FDI inflows, trade openness and other key variables in developing regions of the world: Latin America, Asia, Africa, CIS…