The objectives of this research project were to seek economic theory under which the rate of return and manpower requirement approach are logically consistent with one another and to use this to interpret and explain the empirical results in Indonesia. The rate of return analysis was conducted...

This study consists of basic research on rates of return to higher education in Indonesia. Four different techniques to estimate rates of return are employed: the pure internal rate of return, the Mincer earnings function, the Cobb-Douglas production function, and the nested-CES production...

Includes bibliographical references (p. 17).