This study proposes that the earnings of career employees are influenced by a different set of parameters from the earnings of non-career employees. The above proposition is tested by using a matched employer-employee sample within the econometric ...

This major Handbook comprehensively surveys the rapidly growing field of the economics of education. It is unique in that it comprises original contributions on an exceptional range of topics from a review of human capital, signalling and screening models, to consideration of issues such as...

We investigate the degree to which there is a trade-off between child labour and human capital formation using time-log data of children from a Tanzanian household survey. We find that a tradeoff between hours of work and study exists, and hours of work tend to be more affected by social...

The paper uses data from the 1993-94 household survey to investigate a number of issues stemming from the current educational policy debate in Greece. Private and social returns to investment in education are estimated and a test of the screening hypothesis is conducted. No evidence was found...

This paper analyses the structure of earnings in Greece by level of education in 1960, 1964 and 1977 by means of individual data raised by special labour market surveys covering nearly 12,000 employees in urban areas. The human capital specification of the earnings function explains, as...

This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.

Internal rates of return to investment in education are estimated on the basis of the marginal social product of labor instead of the observed earnings. A comparison of the shadow to the actual rates of return to investment in labor skills suggested that privately advantageous decisions with...