The theory of human capital clearly states that the investments into the education bring many benefits and are worth the cost. The OECD Education at a Glance analysis provides support for both public and private investing in tertiary education as the net present value is positive for all...

This study addresses the question: Are workers who hold a university degree increasingly filling job openings meant for people with lower levels of schooling? It focuses on Portugal, where the higher education system has been expanding at a fast pace and the share of university graduates in...

The famous events of May 1968, starting with student riots, threw France into a state of turmoil. The period of ?revolution? coincided with the time in which important examinations are undertaken. Normal procedures were abandoned and the pass-rate for various qualifications increased enormously....

This paper uses an overlapping generations framework to analyze the implications of different financing regimes in the education sector for human capital formation and economic welfare. Agents privately invest in education after they have received a noisy information signal about their...

We evaluate the information content of admission conditions for study programs' quality by investigating its relationship with graduates' employability. We find that study programs with larger numeri clausi are associated with a higher probability of finding a job. Additionally, compulsory...

This paper is a preliminary look at the benefits to states in the US of subsidizing college education. The benefits studies are the external benefits of college education on the earnings of both college graduates and those who have not graduated from college. In completing a college education...

Median instructional spending per full-time equivalent (FTE) student at American colleges and universities has grown at a slower rate the median spending per FTE in a number of other expenditure categories during the last two decades. We use institutional level panel data and a variety of...

This paper examines the wage returns to qualifications and academic disciplines in the Greek labour market. Exploring wage responsiveness across various degree subjects in Greece is interesting, as it is characterised by high levels of graduate unemployment, which vary considerably by field of...

The 1990's was a turbulent period for Finnish postgraduate education. The education system was reformed and the number of postgraduate students who graduated every year increased at a fast pace. In this thesis doctorate and licentiate degree holders as a group, as well as how their labour market...

This paper reports estimates of the UK 'college premium' for young graduates across successive cohorts from large cross section datasets for the UK pooled from 1994 to 2006 - a period when the higher education participation rate increased dramatically. This implies that graduate supply...