This paper comprehensively reviews the developments in the education and labor markets in the Philippines in the past … 25 years. It highlights the trends on how the labor market used educated workers. It also reviews how education has …

This paper comprehensively reviews the developments in the education and labor markets in the Philippines in the past … 25 years. It highlights the trends on how the labor market used educated workers. It also reviews how education has …

either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to … policies favor vocational education will grow slower in equilibrium than one that favors general education. Moreover, the gap … education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …

either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to … policies favor vocational education will grow slower in equilibrium than one that favors general education. Moreover, the gap … education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …

The standard summary metric of education-based human capital used in macro analyses-the average number of years of …) its virtues of simplicity and transparency make it a good candidate summary measure of education …