This paper addresses the question to what extent the strong positive correlation between education and training can be attributed to differences in individual-, job- and firm-specific characteristics. The novelty of this paper is to analyze previously unconsidered characteristics, in particular, job tasks and firm-fixed effects. The results show…

Provides cross-country estimates on private rates of return to higher-education qualifications across various transitional economies spanning Central and Eastern Europe, Russia, and the former Soviet Union. Rates tend to rise in most transitional economies over the period considered. Rate variabilities help explain variabilities in wage…

Uses household survey data for 18 Latin American countries to assess earnings differentials by education level and to chart 1980s changes. Introducing cost of education allows private and social rates of return to education investment to be estimated by education level, gender, employment sector, curriculum type, duration. In most countries,…

Employs reverse tracer techniques to identify alternative training paths for selected skilled and semiskilled occupations in Colombia. Shows that workers pursue various alternative training paths to acquire essential occupational skills. Strong public intervention in training markets should be discouraged, as choices would be narrowed and the…

Uses a survey of (British) college graduates from two cohort years (1985 and 1990) to examine determinants of overeducation (mismatch for jobs requiring degrees). Cross-sectional measures of mismatch obscure significant changes for individuals over time. Job satisfaction and earnings are significantly adversely affected by mismatch. (23…

In an analysis of higher education in Fiji, this study incorporates the tax system in a model of the returns to education. Rather than subsidizing higher education, the public generates a significant financial benefit from its funding of higher education, in addition to profits made by the individual student. Contains 27 references. (MLH)

Using 1980-81 and 1990-91 Household Survey data, analyzes educational expansion in Spain, estimating earnings equations for male family heads and comparing rates of return-to-education. Decomposes changes in men's average earnings to assess the contribution of population structure variations and pay-system changes. Returns to secondary education…

This paper studies the determinants of age-specific employment rates among Swedish males, focusing on the effect of education on employment. We use cohort specific data for the time period 1984-1996 covering male cohorts aged 21-45. It is found that aggregate age-group-specific employment rates increase with the proportion of the cohort with an…

Provides empirical evidence concerning the education/earnings distribution relationship in South Africa. Investment in education is directly related to earnings across racial groups. An increase in the average education level is associated with a narrower dispersion of earnings. A more equal education distribution is associated with a more equal…

Investigates education and earnings for 3,709 residents of rural China. Education was significantly related to earnings; an additional year of schooling raised residents' earnings by 4.8 yuan monthly. The earnings effect was stronger for males and in economically advanced areas. Average private rate of return to education was 4.8%. Contains 26…

The effects of relaxed college admission standards vary across students. A relaxed standard may raise the number of graduates but reduces nongraduates' productivity. The effect on the graduation rate is ambiguous, since "marginal" college attendees are less likely to graduate. A lower admission standard reduces performance among students exceeding…

Analyzes the wage effects of different types of education in The Netherlands, using a generalized version of the dummy endogenous variable model and distinguishing among seven types of education: general, agricultural, technical, medical, teacher, economic/administrative, and other education. Findings show that technical education yields lower…

Examines education's influences on Canada's employment, wages, and industrial production, using 1990 cross-sectional, provincially grouped statistical data. Workers disaggregated by educational attainment are substitutes for one another. Capital and all labor groups disaggregated by education are complements. Earnings differentials between better-…