The dilemma of providing effective education particularly in developing countries with limited resources and ambiguous calculations of rates of return due to unstable economies and labour market fluctuations makes it an absolute necessity to consider costs and benefits associated both with...

The paper discusses funding principles and policies of higher education during the recession period. The role of state appropriations for the viability of public higher education institutions is discussed. State funding affecting institutional behaviour is another issue raised. The paper...

The analysis focuses on the impact of interregional migration flows on regional growth rates during the period 1983-2002. A first important result is that migration did affect regional growth rates in Italy. Moreover, the results from the analysis of the two sub-periods, 1983-1992 and 1993-2002,...

Most education around the globe is public. Moreover, investment rates in education as well as schooling attainments differ substantially across countries. We construct a general equilibrium life-cycle model that is consistent with these facts. We provide simple analytical solutions for the...

We examine the process of internationalisation of firms, contributing to the knowledge on the factors behind a successful entry and operation in the export markets using duration analysis. Rich longitudinal microlevel data on Finnish manufacturing plants allow an indepth analysis of the life...

We present an empirical model of earnings that controls for observable and unobservable characteristics of workers (person effects), unmeasured characteristics of their employers (firm effects), and unmeasured characteristics of worker-firm matches (match effects). We interpret these as the...

In this paper, we focus on the research of the impact of religion and political regime on human capital and economic development. There is a lot of incentive literature concerning the impact of political regime and religion on the economic development. However, we use different approach to show...

The main objective of this paper is to evaluate technologically (innovation or imitation) the role of human capital in Cameroon as far as economic growth is concerned. Higher education is designed to be the main technological aspect of human capital. Theoretically, the stock of knowledge...

This study examines sources of Australian labour productivity change from 1950 to 1994. Time-series data are used to estimate a model capturing the interaction between labour productivity, fixed capital, human capital, telecommunications, trade openness and international competitiveness....

This paper analyzes the impact of post-secondary education on wages in Israel. The focus is on the impact of university choice on individual wages controlling for the degree acquired and the area of study. Although the raw data indicate that universities command a different return to education,...