Frontmatter -- Contents -- Acknowledgements -- 1 Introduction -- 2 The aggregate neoclassical approach -- 3 Time preference, profit and interest -- 4 Extensions of the Fisherian model -- 5 Taxation -- 6 Public investment criteria -- 7 Critique of Fisher -- 8 The equilibration of saving and...

Appraises the scope for cost‐effective government intervention into the mobilization of resources for training, examining measures catalytic in nature as well as direct interventions. Asserts that economic recession and shrinking government revenues have led to a reconsideration of the role...

Detailed education, employment and training histories have been constructed for a cohort of 440 male respondents from the National Longitudinal Survey of Youth. The employment histories show that most respondents without college degrees have experienced at least one occupational break since...

Wage equations using cross-sectional data typically find an earnings premium in excess of 10 percent for married men. One leading hypothesis for the premium is that marriage facilitates specialization that enables married men to become more productive than single men. Another is that the premium...

Many studies have found that the impact of schooling on earnings is greater for females than for males, despite the fact that females tend to earn less, both absolutely and controlling for personal characteristics. This study investigates possible reasons for this effect, using data from the...