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Peer reviewed Peer reviewed
Navarro-Perez, M. C.; Serrano-Sanz, J. M. – Education Economics, 2002
Develops a valuation model of educational output based on individual earnings from cross-sectional data; describes the problems associated with defining certain elements of the model and proposes adjustments related thereto; uses model to estimate the value of university education in Spain. (Contains 68 references.) (PKP)
Descriptors: Cross Sectional Studies, Estimation (Mathematics), Foreign Countries, Higher Education
Peer reviewed Peer reviewed
Filippini, Luigi – Economics of Education Review, 1981
Using an input-output framework, the author derives hypotheses on wage differentials based on the assumption that human capital (in this case, education) will explain workers' wage differentials. The hypothetical wage differentials are tested on data from the Italian economy. (RW)
Descriptors: Educational Benefits, Educational Economics, Foreign Countries, Human Capital