Linking Education Policy to Labor Market Outcomes

Linking Education Policy to Labor Market Outcomes PDF Author: Tazeen Fasih
Publisher: World Bank Publications
ISBN: 0821375105
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
'Linking Education Policy to Labor Market Outcomes' examines current research and new evidence from Ghana and Pakistan representative of two of the poorest regions of the world to assess how education can increase income and help people move out of poverty. This study indicates that in addition to early investments in cognitive and noncognitive skills which produce a high return and lower the cost of later educational investment by making learning at later ages more efficient quality, efficiency, and linkages to the broader macro-economic context also matter. Education and relevant skills are still the key determinants of good labor market outcomes for individuals. However, education policies aimed at improving skills will have a limited effect on the incomes of that skilled workforce or on the performance of a national economy if other policies that increase the demand for these skills are not in place. For education to contribute to national economic growth, policies should aim at improving the quality of education by spending efficiently and by adapting the basic and postbasic curricula to develop the skills increasingly demanded on the global labor market, including critical thinking, problem solving, social behavior, and information technology.

Linking Education Policy to Labor Market Outcomes

Linking Education Policy to Labor Market Outcomes PDF Author: Tazeen Fasih
Publisher: World Bank Publications
ISBN: 0821375105
Category : Business & Economics
Languages : en
Pages : 112

Get Book Here

Book Description
'Linking Education Policy to Labor Market Outcomes' examines current research and new evidence from Ghana and Pakistan representative of two of the poorest regions of the world to assess how education can increase income and help people move out of poverty. This study indicates that in addition to early investments in cognitive and noncognitive skills which produce a high return and lower the cost of later educational investment by making learning at later ages more efficient quality, efficiency, and linkages to the broader macro-economic context also matter. Education and relevant skills are still the key determinants of good labor market outcomes for individuals. However, education policies aimed at improving skills will have a limited effect on the incomes of that skilled workforce or on the performance of a national economy if other policies that increase the demand for these skills are not in place. For education to contribute to national economic growth, policies should aim at improving the quality of education by spending efficiently and by adapting the basic and postbasic curricula to develop the skills increasingly demanded on the global labor market, including critical thinking, problem solving, social behavior, and information technology.

Productivity in Higher Education

Productivity in Higher Education PDF Author: Caroline M. Hoxby
Publisher: University of Chicago Press
ISBN: 022657458X
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
How do the benefits of higher education compare with its costs, and how does this comparison vary across individuals and institutions? These questions are fundamental to quantifying the productivity of the education sector. The studies in Productivity in Higher Education use rich and novel administrative data, modern econometric methods, and careful institutional analysis to explore productivity issues. The authors examine the returns to undergraduate education, differences in costs by major, the productivity of for-profit schools, the productivity of various types of faculty and of outcomes, the effects of online education on the higher education market, and the ways in which the productivity of different institutions responds to market forces. The analyses recognize five key challenges to assessing productivity in higher education: the potential for multiple student outcomes in terms of skills, earnings, invention, and employment; the fact that colleges and universities are “multiproduct” firms that conduct varied activities across many domains; the fact that students select which school to attend based in part on their aptitude; the difficulty of attributing outcomes to individual institutions when students attend more than one; and the possibility that some of the benefits of higher education may arise from the system as a whole rather than from a single institution. The findings and the approaches illustrated can facilitate decision-making processes in higher education.

Essays on the Relationships Between Education Policies, Achievement, Labor Market Outcomes, and Inequality

Essays on the Relationships Between Education Policies, Achievement, Labor Market Outcomes, and Inequality PDF Author:
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 322

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Book Description


Education Effects on Labor Market Outcomes

Education Effects on Labor Market Outcomes PDF Author: Mi-Na Lee
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 164

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Book Description


Higher Education and the Labour Market

Higher Education and the Labour Market PDF Author: Robert M. Lindley
Publisher: Society for Research Into Higher Education
ISBN:
Category : Education
Languages : en
Pages : 192

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Book Description
This publication is the first from the Leverhulme program of study, which focused on the major strategic options likely to be available to higher education institutions and policy-making bodies in the 1980s and 1990s. It resulted from a specialist seminar on higher education and the labor market. The chapters are: "Employers' Perceptions of Demand" (Laurence C. Hunter); "Technological Manpower" (Derek L. Bosworth); "Response to Change in the United States" (Richard B. Freeman); "Higher Education Policy" (Maurice Peston); and "The Challenge of Market Imperatives" (Robert M. Lindley). Lindley notes that the British higher education system has never come to grips with the role it might play in economic development and examines some areas of need and improvement: the search for more students; the need to get the labor market more involved in the environment of higher education and to get education to respond to market need with qualified persons; the role of higher education in the screening and credentialism process; to encourage industry's role in funding and organizing higher education; and stabilizing the labor market environment. It is concluded that labor market issues have to be handled at a more sophisticated level than the debate about manpower alone. (LC)

Training for Local Labor in a Global Economy

Training for Local Labor in a Global Economy PDF Author: April Marie Sutton
Publisher:
ISBN:
Category :
Languages : en
Pages : 336

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Book Description
Debates about the best type of high school training for labor market success have heightened as the nation strives to recover from the Great Recession and maintain its position in the global economy. Some scholars and policymakers call for increased academic intensification of high school curricula while others prescribe a renewed emphasis on vocational coursework that prepares students for sub-baccalaureate jobs. Both camps tend to ignore the local nature of schools and the uneven distribution of sub-baccalaureate jobs across local economies. The debate has also been gender-neutral even though well-paying sub-baccalaureate work lies primarily in male-dominated, blue-collar occupations. In this dissertation, I highlight these local economic and gendered dimensions of the high school training debate that have been neglected in academic research and policy discussions. Using the Educational Longitudinal Study of 2002 (ELS:2002), a nationally representative sample of high school sophomores, this dissertation investigates the relationships among local labor markets, high school course offerings, and males’ and females’ education and early labor market outcomes. The first analytic chapter finds that students attending high schools in local labor markets with higher concentrations of sub-baccalaureate jobs take greater numbers of career and technical education (CTE) courses and are less likely to take advanced academic math courses than students in local labor markets with lower concentrations of these jobs. Their course-taking patterns are largely a function of their schools offering greater numbers of CTE courses and providing a less rigorous academic curriculum. High-achievers face the greatest advanced math course-taking penalties. The remainder of this dissertation examines the gendered consequences of linking high school training to local jobs in places that rely more heavily on blue-collar work. I find that a greater emphasis on blue-collar courses and weaker college-preparatory curriculum in schools in these communities do not appear to harm the labor market outcomes of men in early adulthood. However, results suggest severe postsecondary and labor market penalties for young women. Overall, this dissertation highlights a local economic dimension of (gendered) opportunities for educational and occupational success. It points to schools—as gatekeepers to skills training and embedded within communities—as an important force in this stratification process.

Education and Labour Market Outcomes

Education and Labour Market Outcomes PDF Author: Charlotte Lauer
Publisher: Springer Science & Business Media
ISBN: 3790816264
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
This book offers a comprehensive empirical analysis of educational inequalities and their consequences on individual labour market outcomes for men and women in France and Germany, two countries with different education systems. Using microdata of either country, the analyses mainly rely on econometric methods. After a detailed comparison of the French and the German education systems, the social determinants of school and post-school attainment are analysed. Then, the extent to which education reduces the unemployment risk is examined, distinguishing between risk of entering unemployment, unemployment duration and recurrence of unemployment episodes. Finally, evidence is given on the impact of education on individual earnings prospects.

Labour Market Outcomes of Education

Labour Market Outcomes of Education PDF Author: Katharina Michaelowa
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 72

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Book Description


Girls' Education in the Twenty-first Century

Girls' Education in the Twenty-first Century PDF Author: Mercy Tembon
Publisher: World Bank Publications
ISBN: 0821374753
Category : Social Science
Languages : en
Pages : 346

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Book Description
Persuasive evidence demonstrates that gender equality in education is central to economic development. Despite more than two decades of accumulated knowledge and evidence of what works in improving gender equality, progress on the ground remains slow and uneven across countries. What is missing? Given that education is a critical path to accelerate progress toward gender equality and the empowerment of women, what is holding us back? These questions were discussed at the global symposium Education: A Critical Path to Gender Equality and Women's Empowerment, which was sponsored by the World Bank in October 2007. Girls' Education in the 21st Century is based on background papers developed for the symposium. The book's chapters reflect the current state of knowledge on education from a gender perspective and highlight the importance of, and challenges to, female education, as well as the interdependence of education and development objectives. The last chapter presents five strategic directions for advancing gender equality in education and their implications for World Bank operations. Girls' Education in the 21st Century will be of particular interest to researchers, educators, school administrators, and policy makers at the global, national, regional, and municipal levels.

The Effects of Advanced Education on Labor Market Outcomes: An Analysis of MBAs

The Effects of Advanced Education on Labor Market Outcomes: An Analysis of MBAs PDF Author: Andrew J. Hussey
Publisher:
ISBN: 9780549041481
Category : Master of business administration degree
Languages : en
Pages : 153

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Book Description
The fourth chapter departs somewhat from the first three by focusing on the effect of individuals' ethical standards on earnings, both separate from and derived from an MBA education. Results differ substantially between males and females, with lower ethical standards being more beneficial (in the sense of augmenting one's wage) to males than to females.