Using longitudinal data of college graduates in Colombia, we estimate labor market returns to postsecondary degrees and to various skills--including literacy, numeracy, foreign language, and field-specific skills. Graduates of academic programs and schools of higher reputation obtain higher earnings relative to vocational public programs. A one…

Human capital invests in new forms of physical capital, hence, human capital is key to economic progress. Lists eight attributes of human capital; for example, human capital cannot be separated from person who has it, and human capital is not visible. Human capital is necessary component when attempting to improve a person's income and welfare in…

Explores relationship between education and earnings in Singapore. Uses Labor Force data to obtain estimates of private returns to investment in formal and technical/vocational education. Some results confirm earlier patterns from other countries, whole others make Singapore a world outlier, with very high private returns to schooling in relation…

Examines recent returns to schooling and vocational and occupational training in OECD countries. Provides estimates of short-cut, Mincer-type, and internal rates of return to schooling and alternative estimates of returns to formal and informal post-school training investments. High-return countries include Austria, Canada, France, Mexico,…

A study to determine association between level of female education and gender wage differentials in India finds that while gender-based wage discrimination exits, level of female education is not a significant factor. Finds return on investment rises with education level for both sexes. (Contains 37 references.) (PKP)

This study proposes a model to estimate the demand for higher education. The present model is characterized by an ability-based distribution of high school graduates who choose between entering the labor market and beginning post-secondary schooling. In addition to estimating the demand for higher education, this model also derives a test of the…

Develops a human-capital model to illustrate earnings forecasts of British 16- to 19-year olds following different vocational qualifications. Uses General Household Survey data to explore expected lifetime earning and compares these with competing academic and labor-market options. Inadequate returns to low-level vocational qualifications may…

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…

Identifies market and nonmarket returns to education over graduates' life cycle, as well as social benefit externalities. Considers most recent developments in measuring and evaluating these returns, relating them to costs. The capacity to finance lifelong learning depends on identification and measurement capacity and political processes. (149…