Contents: Foreword -- Introduction -- 1. Accumulating human capital for sustainable development -- 2. Education bubble and widening inequality -- 3. Making education diversification reform happen -- 4. Turning around failing vocational high schools -- 5. Deteriorating skills and weak life-long...

Private tutoring in South Korea is quite pervasive. In 2006, the household sector spent 2.57% of the nation's GDP on private tutoring for primary and secondary school students. Government spending on those students was about 3.5% of GDP, which is about the average level among OECD countries....

This paper employs the difference-in-differences empirical strategy and quantile regressions to analyze the effects of sorting and mixing on the academic performance of high school students in South Korea. In Korea, about half of high schools are subject to the equalization policy (EP), and must...

This article documents the expansion of college education in the United States and examines to what extent the increase in the number of college graduates may have lead to a decline in the average quality of college graduates. Using the 1940--90 Census, we compare across birth year cohorts with...

This paper examines the extent to which rapid increases in female labor supply contributed to rising wage inequality and to declining real wages of less skilled males during the 1980s. We find that while the male wage declines are concentrated in the 1980s, female labor supply growth slowed in...

This article examines whether increases in female labor supply contributed to rising wage inequality and declining real wages of less skilled males during the 1980s. While male wage declines are concentrated in the 1980s, female labor supply growth slowed in the l980s relative to the 1970s....