This paper examines the key issues at stake for national economies in increasing the number of PhDs to meet expected needs for human capital in science, technology and innovation using illustrations mainly from the European Commission's "Careers of Doctorate Holders" surveys on PhD labour market outcomes; it has been shown that PhD…

This report investigates the behaviour, attitudes and experiences of New Zealand secondary students with money and financial products. It also looks at financial literacy programmes in New Zealand secondary schools and explores barriers to the implementation of financial literacy teaching. The research was commissioned by the Commission for…

Adult and continuing education has the dual function of contributing to employability and economic growth, on the one hand, and responding to broader societal challenges, in particular promoting social cohesion, on the other. Companies and families support important investments that have, to date, ensured important growth in both skills and the…

The first article in this special issue is about the doctoral programs, the suppliers of new doctoral graduates in special education. It focuses on one component of a larger effort, the Special Education Faculty Needs Assessment (SEFNA) project, which investigated many aspects of the supply of new doctoral graduates as well as the demand for new…

The Georgetown Center on Education and the Workforce has engaged in a highly publicized campaign claiming that the nation will face a very substantial deficit of college graduates by 2018 if the American postsecondary system fails to rapidly expand the number of college degrees it awards each year. Indeed, the employment projections developed by…

This report examines education gaps and industry demand in the nation's 100 largest metropolitan areas. Metropolitan areas are a natural unit of analysis given that they offer the best approximation of a regional labor market. Moreover, the wide variation in metropolitan area economic performance, as documented by the Brookings MetroMonitor…

The recent response by Anthony Carnevale et al. to the authors' analysis of the fundamental shortcomings associated with their predictions of widespread college labor shortages focuses on three areas. First, Anthony Carnevale et al. suggest that the authors are educational Luddites by noting in the title of their response that the authors believe…

We add to the small literature on private school supply by exploring exits of K-12 private schools. We find that the closure of private schools is not an infrequent event and use national survey data from the National Center for Education Statistics to study closures of private schools. We assume that the probability of an exit is a function of…

The aim of this paper is to analyze the selection process at work before and after compulsory schooling by assessing the determinants of school failures, dropouts, and upper secondary school decisions of young Italians. The data-set is built combining individual data by the Labor Force Survey and aggregate data on local labor markets and school…

Technological change was unskilled-labor-biased during the early Industrial Revolution, but is skill-biased today. This is not embedded in extant unified growth models. We develop a model which can endogenously account for these facts, where factor bias reflects profit-maximizing decisions by innovators. Endowments dictate that the early…

Benefiting from new data provided by experimental economists, behavioral economics is now moving beyond empirical tests of standard behavioral assumptions to the problem of designing improved institutions that are tuned to fit real-world behavior. It is therefore worthwhile to consider the potential for new experiments to advance school choice…

Understanding Australia's vocational education and training (VET) system can be daunting for observers. This paper, written as a background paper for a visit from the Organisation for Economic Co-operation and Development (OECD), describes Australia's VET system and how it relates to the broader set of education and learning options that are…

The present paper uses British Household Panel Survey data from 1991 to 2002 to assess the extent to which labour market returns have been influenced by changes in the nature of educational supply. We find that whilst there have been substantial shifts in the returns to schooling over the period, these effects are much more pronounced for younger…

Indiana legislators are currently debating the merits of a proposal to adopt a statewide tuition scholarship tax credit program. The proposed program would make available $5 million in tax credits that businesses and individuals could claim by making donations to non-profit Scholarship Granting Organizations (SGOs). SGO donations would be matched…

Commitments on trade in education services constitute a vital part of China's promises after securing World Trade Organization (WTO) membership. This paper provides a detailed analysis of the forms of educational imports and exports in the framework of WTO and examines the Chinese government's efforts to adjust education legislation and policy…