This paper analyses the relationship between education, gender and earnings in France and Germany. The model chosen here enables one to estimate the impact of education not only on the expected earnings level but also on their dispersion, taking gender-specific sample selectivity into account....

By using a simple (short-cut) method, the private and social rates of return of tertiary and secondary education in Italy between 1989 and 1998 are estimated, as well as the private rates of return for some OECD countries in 1998. The results show that private rates of return, especially for...

A review of the measures of the stock of human capital used in empirical growth research reveals that human capital is mostly poorly proxied. The simple use of the most common proxy, average years of schooling of the working-age population, misspecifies the relationship between education and the...

The renewed focus on the importance of human capital for social development and economic growth, and the recently published evidence on wide international disparities in student achievements, have led to a new interest in the determinants of schooling quality. This paper evaluates the effect on...