A new test is proposed for discriminating between human capital and sorting explanations of the wage differential between groups of variously educated workers. International data from the ISSP are used to illustrate the operation of the test and of other, more conventional methods used to...

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...

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...

Recent Developments in the Economics of Education collects together the most important contributions in this rapidly developing field. Themes covered in this book include: efficiency and equity, externalities and the role of the government in providing education, the relationship between the...

Health authorities in the U.K. have, in recent years, become increasingly aware of the financial costs of health care provision, and have sought ways in which such costs can be reduced without detriment to the service provided. This study estimates cost functions for the case of a large hospital...

Results are reported of a forecasting competition between linear autoregressive, GARCH, threshold autoregressive and neural network models of the UK monthly unemployment rate series. Evidence is uncovered suggesting the existence of nonlinearities in the series.

Regression and neural network models of wage determination are constructed where the explanatory variables include detailed information about skills. People skills, strategic skills, and IT skills all carry strong and significant wage premia; problem-solving skills (surprisingly) and physical...

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...

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...