Found 9 document(s)
Page 1 of 1
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A new approach is suggested that depends on and measures how spending on higher and basic education is really an investment in the future, not consumption spending. This is a vital distinction because investment in human...
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A college education has long been acknowledged as essential for both personal success and economic growth. But the measurable value of its nonmonetary benefits has until now been poorly understood. Walter W. McMahon, a l...
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This article complements the one written by George Psacharopoulos. It builds on the market returns to education that are measured by increments to earnings and to pure economic growth. It considers the additional nonmark...
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Identifies market and nonmarket returns to education over graduates' life cycle, as well as social benefit externalities. Considers most recent developments in measuring and evaluating these returns, relating them to cos...
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Applies production functions with education externalities to East Asia, testing for net effects of policy differences concerning enrollments vs. expenditures and for feedbacks through education's effects on rates of phys...
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External inefficiency in education--inequity between the characteristics of graduates and the job market--is a problem in Indonesia and many other countries. Job markets at the junior secondary level are very tight in In...
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Three strategic effects on the rates of return to vocational and technical education (VOTEC) are considered: (1) the availability of complementary inputs such as general education; (2) the capacity of VOTEC to teach cont...
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Discusses the overall efficiency of investment in primary and secondary education and technology transfer via investment both in physical capital and higher education in 30 of the poorest African countries. A high (21.2 ...
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Fiscal inefficiency in education is addressed in this book and ideas for achieving increased efficiency while more effectively using resources to maintain reasonable equality of opportunity in higher education are examin...