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Regression and neural network models of wage determination are constructed where the explanatory variables include detailed information about the impact of school curricula on future earnings. It is established that there are strong nonlinearities and interaction effects present in the...
Persistent link: https://www.econbiz.de/10010563820
Recent work on business strategy considers the evaluation of company performance using frontier methods (Devinney et al., forthcoming). The present paper builds on that work to examine the extent to which company performance in one period impacts on business practices and hence performance in...
Persistent link: https://www.econbiz.de/10010563821
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...
Persistent link: https://www.econbiz.de/10010563844
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...
Persistent link: https://www.econbiz.de/10010563853
The impact of education on labour market outcomes is analysed using data from various rounds of the National Sample Survey of India. Occupational destination is examined using both multinomial logit analyses and structural dynamic discrete choice modelling. The latter approach involves the use...
Persistent link: https://www.econbiz.de/10010563854
Changes in the characteristics and skills of British youths between the mid-1980s and mid-2000s are evaluated using a method recently developed by Altonji et al. The main finding is that skills have increased over time in successive cohorts of young people. The improvement is, however, uneven,...
Persistent link: https://www.econbiz.de/10010563859
As student numbers in the UK's higher education sector have expanded substantially during the last 15 years, it has become increasingly important for government to understand the structure of costs in higher education, thus allowing it to evaluate the potential for expansion and associated cost...
Persistent link: https://www.econbiz.de/10010563861
A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on...
Persistent link: https://www.econbiz.de/10010563870
The effect of education on labour market outcomes is analysed using both survey and administrative data from The Brazilian PNAD and RAIS-MIGRA series, respectively. Occupational destination is examined using both multinomial logit analyses and structural dynamic discrete choice modelling. The...
Persistent link: https://www.econbiz.de/10010563882
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...
Persistent link: https://www.econbiz.de/10010563886