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Convexity And Sheepskin Effects In The Human Capital Earnings Function
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Book Synopsis Convexity and Sheepskin Effects in the Human Capital Earnings Function by : Norbert Rüdiger Schady
Download or read book Convexity and Sheepskin Effects in the Human Capital Earnings Function written by Norbert Rüdiger Schady and published by World Bank Publications. This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data on education in the Philippines show that there are large differences in the private rate of return to education by level: the wage premia associated with an additional year of schooling are about twice as large at the university level as they are at the primary school level. In addition, there are large "sheepskin effects." Completion of the last year of schooling within a given level is rewarded disproportionately, particularly for university graduates.
Book Synopsis Convexity and Sheepskin Effects in the Human Capital Earnings Function by : Norbert Schady
Download or read book Convexity and Sheepskin Effects in the Human Capital Earnings Function written by Norbert Schady and published by . This book was released on 2016 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revised version was published as Convexity and Sheepskin Effects in the Human Capital Earnings Function: Recent Evidence for Filipino Men. Oxford Bulletin of Economics and Statistics 65 (2), May 2003.Data on education in the Philippines show that there are large differences in the private rate of return to education by level: the wage premia associated with an additional year of schooling are about twice as large at the university level as they are at the primary school level. In addition, there are large sheepskin effects. Completion of the last year of schooling within a given level is rewarded disproportionately, particularly for university graduates.Much attention has been paid to the issue of possible nonlinearities in the relationship between log wages and schooling in the literature on both the United States and developing countries. Schady uses data from a recent household survey for the Philippines, the 1998 Annual Poverty Indicator Survey, to test the fit of the log-linear specification for Filipino men. He presents results based on various estimation strategies, including spline regressions and semi-parametric regressions with a large number of dummy variables for years of schooling and experience. He concludes that:- There appear to be large differences between rates of return to education across different levels in the Philippines. The wage premia for both primary and secondary education are significantly smaller than those for tertiary education.- Within each level - primary, secondary, and university - the last year of schooling is disproportionately rewarded in higher wages. That is, there appear to be clear sheepskin effects associated with graduation.This paper - a product of the Poverty Reduction and Economic Management Sector Unit, East Asia and Pacific Region - is part of a larger effort in the region to understand the links between education, earnings, and welfare.
Book Synopsis Securities Clearance and Settlement Systems by : Mario Guadamillas
Download or read book Securities Clearance and Settlement Systems written by Mario Guadamillas and published by World Bank Publications. This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to assess securities clearance and settlement systems, based on international standards and best practices.
Book Synopsis how accession to the european union has affected external trade and forigen direct investment in central european economics by : Bartłomiej Kamiński
Download or read book how accession to the european union has affected external trade and forigen direct investment in central european economics written by Bartłomiej Kamiński and published by World Bank Publications. This book was released on 2001 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the Central European countries' reintegration into the world economy, their proximity and accession to the European Union greatly affected first the flow of capital and then the flow of goods. Countries that adopted radical liberal reform and had preferential access to EU markets have benefited most, attracting foreign direct investment and drawing multinational corporations relocating their production sites.
Book Synopsis Trade Policy, Standards, and Development in Central America by : Gary Clyde Hufbauer
Download or read book Trade Policy, Standards, and Development in Central America written by Gary Clyde Hufbauer and published by World Bank Publications. This book was released on 2001 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Faster economic growth and expansion of exports in Central America in the 21st century will depend on many factors. These include efficient and modern standards systems and an end to technical barriers to trade. Regional efforts can be an efficient way to modernize standards systems.
Download or read book On the Urbanization of Poverty written by and published by World Bank Publications. This book was released on 1980 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How Adverse Selection Affects the Health Insurance Market by : Paolo Belli
Download or read book How Adverse Selection Affects the Health Insurance Market written by Paolo Belli and published by World Bank Publications. This book was released on 2001 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: There may be a price to pay (in terms of inefficient coverage) if competition among health insurers is encouraged as a way to give patients greater choice and to achieve better control over insurance providers.
Book Synopsis The Gender Implications of Public Sector Downsizing by : Martín Rama
Download or read book The Gender Implications of Public Sector Downsizing written by Martín Rama and published by World Bank Publications. This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Men and women may be affected differently by the transition from central planning to a market economy and especially by the privatization and restructuring of state-owned enterprises. In Vietnam during the massive downsizing in the early 1990s, many more women than men were laid off. But in the downsizing in the early part of this decade women are less likely than men to be retrenched in large numbers.
Download or read book Accelerating Catch-up written by and published by World Bank Publications. This book was released on 2009 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book lays out a rationale, provides supporting evidence, and suggests promising pathways for Sub-Saharan Africa to sustain current economic growth by aligning its tertiary education systems with national economic strategies and labor market needs.
Book Synopsis Diagnosing the Philippine Economy by : Dante B. Canlas
Download or read book Diagnosing the Philippine Economy written by Dante B. Canlas and published by Anthem Press. This book was released on 2011 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Diagnosing the Philippine Economy' describes the conditions that depress economic growth in the Philippine economy and their causes and potential solutions. The studies' findings provide insight for politicians, academicians, and economists into the issues and their potential solutions.
Book Synopsis Higher Education for and beyond the Sustainable Development Goals by : Tristan McCowan
Download or read book Higher Education for and beyond the Sustainable Development Goals written by Tristan McCowan and published by Springer Nature. This book was released on 2019-08-29 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the role of the university in working towards the Sustainable Development Goals. In contrast to the previous Millennium Development Goals, higher education is seen to have a crucial role in this new agenda. Yet how can the university fulfil these weighty expectations, and are the dominant trends in higher education supporting or undermining this vision? This book draws on the idea of the ‘developmental university’, a model characterised by its porous boundaries with society and commitment to teaching, research and community engagement in the public interest. The author examines case studies from Latin America, Africa and other regions to analyse how this model can be revived, countering recent trends of marketisation, status competition and unbundling. The book also considers alternatives to the developmental model drawing on indigenous knowledge systems, looking beyond the SDG framework to the creation of a new form of society. This timely volume will be of interest and value to those working in the field of sustainable development, and to students and scholars of comparative education, international development and higher education studies.
Book Synopsis Stock Market Responses to Bank Restructuring Policies During the East Asian Crisis by :
Download or read book Stock Market Responses to Bank Restructuring Policies During the East Asian Crisis written by and published by World Bank Publications. This book was released on 2001 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: During a crisis of confidence, announcements of deposit guarantees may give market participants short-term confort. But stock market responses show that using public funds for bank bailouts is not a credible way to restore the health of the financial sector.
Book Synopsis Developing Socioemotional Skills for the Philippines' Labor Market by : Pablo Acosta
Download or read book Developing Socioemotional Skills for the Philippines' Labor Market written by Pablo Acosta and published by World Bank Publications. This book was released on 2017-10-06 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the Philippines has achieved remarkable progress in raising the education level of its labor force, the standard proxy for educational attainment—years of formal schooling—is increasingly inadequate as a measure of workforce skills. About one-third of employers report being unable to fill vacancies due to lack of applicants with the requisite skills. Most of these “missing skills†? are socioemotional skills,†? also known as “non-cognitive skills†?, “soft skills†? or “behavioral skills.†? Emerging international evidence suggests that socioemotional skills are increasingly crucial to the types of jobs being created by the global economy. The following study presents new evidence from employer and household surveys on the role of socioemotional skills in the Philippine labor market. The analysis reveals that: • Two-thirds of employers report difficulty in finding workers with adequate work ethics or appropriate interpersonal and communications skills. Firm-based training increasingly focuses on socioemotional skills. • The more educated and employed workers tend to score higher on measures of grit, decision-making, agreeableness, and extroversion. • Socioemotional skills are associated with an increase in average daily earnings, in particular for women, young workers, less-educated workers, and those employed in the service sector. • Higher levels of socioemotional skills are also correlated with a greater probability of being employed, having completed secondary education, and pursuing tertiary education. Studies suggest that primary school is the optimal age for shaping socioemotional skills, but the Philippines’ elementary education curriculum devotes limited resources to their development. Schools continue to be judged solely by students’ performance in cognitive achievement tests, but not on soft-skills competencies, and teachers are not appropriately trained to foster the development of them. Finally, interventions targeting workers entering the labor force can also effectively bolster their socioemotional skills, complementing effects to improve labor-market information and vocational counseling.
Book Synopsis Policy Reform, Economic Growth, and the Digital Divide by : Susmita Dasgupta
Download or read book Policy Reform, Economic Growth, and the Digital Divide written by Susmita Dasgupta and published by World Bank Publications. This book was released on 2001 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The digital divide reflects a gap in telecom access, not lower propensity to use the internet in poor countries. Promoting access for poor households will help, but pro-competitive policy holds the key to rapid progress in narrowing the divide.
Book Synopsis Coming of Age by : Francesca Purcell
Download or read book Coming of Age written by Francesca Purcell and published by Routledge. This book was released on 2005-07-14 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: In view of the increasing number of Third World countries considering the establishment of women's colleges to meet the demand for the higher education of women, presenting a case study of two key women's colleges in the Philippines. Within the context of global, national and local changes since the fall of Ferdinand Marcos in 1986, academic and administrative leaders at two prestigious women's colleges candidly discuss how their respective institutions adapted to their environments and how the colleges will fare in the future. Preferences for large, coeducational institutions; the emergence of less expensive tertiary institutions; and the downward spiral of a weak national economy combined to destabilized the enrollment base of these colleges. Factors unique to the Philippines including an increasing number of female overseas contract workers; struggles with national language preferences; and the growth of feminism also affected the colleges. In response, the colleges expanded their curricula, chose high-profile presidents, focused on faculty development, and acquired technology. Decision-markers at these colleges will have to continue in their efforts at solidifying their positions in the Philippine higher education system. The book that women's colleges worldwide must articulate their unique purposes and collaborate with other institutions to strengthen their organizations.
Book Synopsis From Users to Custodians by : Liz Wily
Download or read book From Users to Custodians written by Liz Wily and published by World Bank Publications. This book was released on 2001 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the face of scarce public resources and the burgeoning demand from the growing population for agricultural land and woodland products, Tanzania has increasingly recognized the need to bring individuals, local groups, and communities into the policy, planning, and management process if woodlands are to remain productive in the coming decades.
Book Synopsis Ownership Structure and the Temptation to Loot by : Robert J. Cull
Download or read book Ownership Structure and the Temptation to Loot written by Robert J. Cull and published by World Bank Publications. This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
