skills between 1978 and 1986 accounts for all of the increase in the wage premium associated with post-secondary education … larger impact on wages for 24-year-old men and women in 1986 than in 1978. For women, the increase in the return to cognitive …. We also show that high school seniors' mastery of basic cognitive skills had a much smaller impact on wages two years …

Using information on time costs of training and gains in wages attributable to training I computed rates of return on …. The "direct' calculation uses information on time spent in training and on wages. For 1976 so calculated costs amounted to … 11.2% of Total Employee Compensation and a half of costs of school education. In the "indirect" method training costs …

.S. and U.K. data of the economy-wide wage changes mandated' to maintain zero profits in all sectors in response to the sector … bias of sbtc. The suggestive mandated-wage estimates match the direction of actual wage changes in both countries during …

Empirical studies in the economics of education, the measurement of skill gaps across demographic groups, and the … of test scores in research on education and on skill formation. We compare different measures of skill and ability and …

economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible … evidence on which education policy reforms may be able to bring about the simulated improvements in educational outcomes …