Using pooled data for 25 countries for 1962-1976, this paper analyzes foreign students' decisions to return home or remain in the U.S. after completing their training there. Develops a model to explain why the pattern of foreign students' nonreturn varied so greatly across countries of origin and over time. Includes 4 table, 31 notes, and 23…

Estimates a college-attendance equation for a common set of students (from the High School and Beyond Survey) using three popular econometric specifications: the multinomial logit, the ordered probit, and the bivariate probit. Estimated marginal effects do not differ significantly across the three specifications. Choice of specification may not…

Uses High School and Beyond data to examine the effect of rationing secondary school vocational training opportunities on program participants' and nonparticipants' beginning wage. Secondary vocational education brings little or no wage advantage in training-related jobs. However, findings do not disprove vocational training program effectiveness.…

In 1984 "Economics of Education Review" paper, E. Bell indicates that, when capital markets are imperfect in a certain sense, demand for education may not always be directly related with present net value of education. This study shows Bell's paradox is possible under the alternative definitions of capital market imperfections and…

Uses time-series data to estimate empirical enrollment functions for three Puerto Rico university systems. Measures opportunity cost and benefits to education as expected wage rates and tests a market segmentation process. Results show that the universities are not substitutes for one another. To cope with continuing revenue shortfalls,…

Explores whether flexible nonlinear models (including neural networks and genetic algorithms) can reveal otherwise unexpected patterns of relationship in typical school-productivity data. Applying three types of algorithms alongside regression modeling to school-level data in 183 elementary schools proves the hypothesis and reveals new directions…

Applies neural network methods for forecasting 1991-95 per-pupil expenditures in U.S. public elementary and secondary schools. Forecasting models included the National Center for Education Statistics' multivariate regression model and three neural architectures. Regarding prediction accuracy, neural network results were comparable or superior to…

Examines teachers' union activity in large school districts in the 11 states without collective-bargaining legislation, using a supply-and-demand model of municipal labor markets and least-squares regression analysis. Average teacher salary in districts with collective-bargaining agreements was 9.5% higher than average salary in districts without…

Focuses on a specific federal credit program (the guaranteed student loan program), using the Engle and Granger two-step procedure to estimate an error correction model of commercial student loan supply. Results indicate that the secondary market is an important determinant of commercial student loan lending and that commercial supply is inelastic…

Describes how to employ multivariate regression models and National Research Council data (used to rank doctoral programs) to analyze how measures of program size, faculty seniority, and faculty research and doctoral-degree productivity influence subjective ratings of doctoral programs in 35 academic fields. Illustrates how to compute the effects…

Combines costs of fund raising and college-relations data for each of 3 years from 17 colleges and universities with the schools' institutional characteristics to predict ratios of alumni donors to each school's total alumni. With factor analysis, classifies expenditure and institutional variables according to fund-raising effort, donor wealth,…

Lasting imbalances between the demand for educated labor and the size and educational composition of the supply of university graduates has been a common phenomenon for both developed and developing countries. Drawing on human capital theory, this paper develops a methodology to help education planners restore the balance. Includes 49 references.…

Earnings functions have been widely used to estimate the returns to education and training. Many studies have relied on the Mincerian specification for the earnings function, which embodies several assumptions. A study of Brazilian workers' wages finds that the Mincerian specification yields upwardly biased estimates of the returns to education,…

Examines the relative contributions of human and physical resources in the production of private undergraduate higher education. The parameters in the output equation suggest a traditional recipe: a relatively high ratio of quality faculty to good students in a facilitating environment reflected by academic expenditure. Better students are drawn…

Develops a model of faculty salaries, job satisfaction, and union status, using data for 1,729 faculty members at 4-year colleges and universities. Unions significantly and positively affect full and associate professors' salaries and increase the rewards to seniority while reducing the returns to being at a research university. Union members'…