This paper surveys the literature concerning the operation of incentive mechanisms within and across higher education institutions. A principal-agent model of intra-institution resource allocation is developed, and its implications are compared with some of the resource allocation models...

This paper develops a two-equation model of the regional labor market in which wage inflation and unemployment rates are jointly endogenous variables. The model is tested on annual data for the ten standard regions of Great Britain over the 1971-85 period. In addition, an exploratory analysis of...

The growth in female labour participation and occupational attainment represents the most dramatic feature of labour markets in the second half of the twentieth century. This has been due in part to developments in social attitudes and the consequent changes in the prices attached to women's...

In this paper we calculate the technical efficiencies, based upon multiple outputs - school exam performance and attendance rates - of all secondary schools in England over the period 1993-97. We then estimate models to examine the determinants of efficiency in a particular year, and the...

Panel data from the United Kingdom are used to estimate a wage curve that allows simultaneously for time, individual, and spatial effects and which thus finesses the problem of grouped data bias. Once allowance is made for the multilevel and cross-classified nature of the data, estimates of the...

The institutional framework for the funding of higher education in the UK is discussed. In England, much of the financial support for teaching and learning, especially of 'home and EU' undergraduates, is channelled through the Higher Education Funding Council for England (HEFCE). HEFCE operates...