Vietnam's economy and education system have had remarkable success in recent decades, yet there are concerns about the declining returns to higher education since 2008. We document this decline in returns to higher education and propose four hypotheses to explain it. Analysis of the VLSS/VHLSS and LFS data provides little evidence for three of…

Ireland has experienced an unprecedented level of economic growth since the mid-1990s. The present article assesses the extent to which this phenomenon has altered the level and nature of youth unemployment, using data from six waves of a nationally representative survey of school-leavers. The main impact of the "Celtic Tiger" has been…

It will take years for the labor market to recover from the damage induced by the recent recession. While monthly job losses almost surely peaked in 2009, the unemployment rate will likely peak in 2010 (CBO 2010a). In April, the unemployment rate reached 9.9% and the overall economic cause is simple: firms are not hiring quickly enough, as…

This study conservatively estimated the tangible economic impact that Casper College (Wyoming) had on Natrona County and the state. These data are presented in Part 1 of the report. Findings include: (1) the direct impact of the college on Natrona's economy was estimated to be over $41 million; (2) for every dollar spent by county taxpayers in…

The Business Roundtable prepared this paper to: (1) help policymakers and the public better understand the facts about the United States' role in the worldwide economy; (2) offer context and perspective on employment trends; and (3) recommend a package of policies that will stimulate economic growth, foster innovation, create jobs and help workers…

This book provides an introduction to earnings capacity (EC), a measurement of human capital, and its application to a research study of potential earned annual income over a 25-year period. Focus is on qualitative aspects of EC such as race, age, gender and education and its utilization. Chapter 1 is an introduction. Chapter 2 reviews existing…

This book examines how many of the United States' social and economic problems are reinforced by the combination of school, business, and government. It outlines ways that U.S. government policy can be reformulated to make schools and training major components in the U.S. labor market's successful adjustment to the new workplace realities. The…