Recent controversy has surrounded the relative value of public and private sector remuneration. We propose a comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other ‘benefits in kind’, evaluate it as the present value of the sum of all these payments...

This chapter presents an overview of economic models of teacher supply and explains the modeling implications for both cross-section and time series econometric modeling. Specifically the literature on the determinants of teacher recruitment, turnover, mobility and re-entry into the profession...

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 paper uses a new survey of graduates from one large civil university in the UK to examine the determinants of over-education and its subsequent impact on labour market earnings. Multiple measurements of over-education were collected to assess the effect of measurement error on the estimated...

This chapter presents an overview of economic models of teacher supply and explains the modeling implications for both cross-section and time series econometric modeling. Specifically the literature on the determinants of teacher recruitment, turnover, mobility and re-entry into the profession...