While the pension plan landscape has changed remarkably over the last two decades, with most private-sector workers seeing a shift from defined benefit (DB) to defined contribution (DC) plans, DB pension plans remain the overwhelming norm for K-12 teachers employed by state and local governments. With DB plans, teachers typically receive minimal…

Adopted by the 18th Convention of the AFL-CIO, this document contains discussions and resolutions in four areas: economics; international trade and investment; takeovers, mergers, and leveraged buyouts; and employment and training. The discussion on the economic situation focuses on unemployment and the economy, inadequate jobless benefits, jobs…

The theory of human capital has made a significant impact on the practice of modern labor economics. At a broad and general level, the concept of human capital has obvious appeal for its simplicity, analytical power, and relationship to economic theory. The fundamental problem in labor economics is the determination of wage rates and earnings;…

An array of innovative policies has been suggested to address more effectively the needs of dislocated workers. A model has been proposed to simulate the impacts of a wage-rate subsidy (or salary supplement) program in which a dislocated worker who becomes reemployed would receive a payment equal to one-half the difference between the wage…

The changing role of Japanese women can be seen in the stages of a domestic labor debate which occurred at three different times in the past 30 years. The first debate began with Ayako Ishigaki's (1955) insistence that women should have a job outside the home. Wartime production helped break down traditional divisions of labor by encouraging women…

Originally presented at a Conference on Labor in Nonprofit Industry and Government held at Princeton University, the studies are the first to provide an economic discussion of the public sector labor market. Melvin Reder examines the effect of the absence of the profit motive on employment and wage determination in the public sector. Orley…

This paper identifies some recent dimensions of labor market restructuring, based on an analysis of change in the United States economy. Information was drawn from a number of service industries, including retailing, telecommunications, insurance, banking, advertising, accounting, and other business services. Following an introduction that defines…

Researchers construct a cost of education index and, using Missouri data, estimate differences across school districts in the cost of teachers, administrators, and transportation services. Components of the conceptual framework for the index include salaries, variables within a district's control (such as personnel characteristics or the number of…

This paper locates the phenomenon of self-managing schools within the framework of "fast capitalism" and identifies themes of organization central to fast capitalism, which are argued to also underpin the self-managing schools. "Fast capitalism" refers to the rapidly intensified integration of regionalized productive activities into the global…

Very little is known about how companies make decisions about budgets for training. Previous research on employee training has focused on the impact of training on an individual's success in the labor market. Economists have also studied why employers are more likely to train certain persons than others. This study, on the other hand, uses a…

Labor force participation of nonmetropolitan women rose in the 1970's but not in a consistent pattern. Their labor force participation rose 4.5% between 1973 and 1978, when they comprised 41% of the total nonmetropolitan labor force. Although women accounted for 89% of nonmetropolitan employment growth in the 1960's and 58% in the 1970's, their…

The National Longitudinal surveys (NLS) of Labor Market Behavior have been conducted by the Center for Human Resource Research at Ohio State University and supported by the Department of Labor since l966. In this paper, data from the fifth and newest NLS cohort, a national cohort of 12,686 youth who were aged 14-21 in 1979, are discussed.…

This document, a review of labor market effects of human capital, focuses on two related topics. Part I describes the following early findings of the research on effects of education and job training on the wage structure, labor turnover, and unemployment: decline of training with experience, positive and significant effects of training on length…

Overall, federal and state tax codes treat employer investments in human capital more favorably than investment in physical plant and equipment. The most important advantage is that training expenditures can be dispensed immediately, rather than depreciated over time, possibly resulting in a subsidy of 33 percent. In addition, employers who use…

In order to diversify its economy and raise the economic level of its people, South Carolina concluded that a possible solution might be to provide pretrained people for the work force of any industry that located in the State or for any expanding industry within the State. In 1961, Technical Education Committee (TEC) Centers were created and…