Since the release of "4%" objective of fiscal educational expenditure to GDP in 2012, the Chinese governments at all levels have frequently formulated or changed education finance policy in light of the complex situation of China's economic development. The policy changes have ensured the steady growth of education financial investment,…

This report documents the second year of implementing Cycle-based Budgeting at Jefferson County Public Schools (Louisville, KY). In addition to aligning another $24.3 million new spending with the district's strategic plan, $20.3 million of existing spending was rolled into the process. Next, the challenges faced by the district to review 105…

This report documents the first-year of implementing Cycle-based Budgeting at Jefferson County Public Schools (Louisville, KY). To address the limitations of incremental budgeting and zero-based budgeting, a Cycle-based Budgeting model was developed and implemented in JCPS. Specifically, each new program needs to submit an on-line budget request…

In this article, the author talks about Portfolio Management, a concept used to make allocation decisions in the world of financial investments. While much has been written about Portfolio theory, and the term is widely used in the facilities management industry, little is really understood about the concept and its real-world application. The…

Almost 7 million young Americans (age 16-24) are insufficiently attached to school or work. Based on conservative estimates, we can generate over $1 billion just by helping a mere 0.1 percent earn a high school credential and complete their first year of college through Back on Track Designs. This brief lays out the cost of setting up these GED-…

When Commonfund and the National Association of College and University Business Officers (NACUBO) announced in late 2008 that they would join forces to combine their two endowment studies, which had historically been fielded and reported separately, they had high hopes for the venture, but those hopes were tempered with caution. The financial…

Higher education employees often participate in university-sponsored defined contribution pension plans that place the investment decision responsibility upon them. In order to examine investment decision-making behavior with retirement savings plans we investigated attitude-mediated, individual difference determinants of risky decision-making…

Purpose: The paper seeks to develop a business model that shows the impact of operational knowledge assets on intellectual capital (IC) components and business performance and use the model to show how knowledge assets can be prioritized in driving resource allocation decisions. Design/methodology/approach: Quantitative data were collected from 84…

An industrial training cost-effectiveness model developed at Bowling Green State University and used in several practical situations is evaluated with definitions of terms, structured training program costs, training returns, and data collection and analysis procedures. The authors emphasize that money spent for structured training is an…

Addresses the distribution and composition of educational investment among social classes, discussing topics related to equality of educational opportunity, and detailing a plan for financing equal educational opportunity. (JM)

Explains economists' general approach to family behavior and describes how that framework is useful for thinking about families and children. Outlines how economists model parental investment in children. Examines the implications of approach for developmental science. Illustrates this approach using the example of the involvement of children and…

THE PARTICULAR CHARACTERISTICS OF EDUCATION AS AN ECONOMIC GOOD ARE EXAMINED. THE LITERATURE ON THE ECONOMIC VALUE OF EDUCATION, THE DIFFERENT APPROACHES TO EDUCATIONAL PLANNING, AND THE MATHEMATICAL MODELS PROPOSED FOR THIS PURPOSE ARE ANALYZED. THESE APPROACHES ARE SYNTHESIZED TO OBTAIN A COMPREHENSIVE ESTIMATE OF THE DEMAND FOR EDUCATION. THE…