To assess the empirical estimates of the effect of education on social trust and social participation--the basic dimensions of individual social capital--a meta-analysis is applied, synthesizing 154 evaluations on social trust, and 286 evaluations on social participation. The publication bias problem is given special emphasis in the meta-analysis.…

This paper analyses the relation between two important aspects of human capital: education and health. The contribution of our paper to the literature is three-fold: some further tests for causality in the relation between education and health are provided; it is tested whether results are affected by scale of reference bias and unobserved…

A random effects ordered response model of training is estimated to analyze the existence of training tracks and time varying coefficients in training frequency. Two waves of a Dutch panel survey of workers are used covering the period 1992-1996. The amount of training received by workers increased during the period 1994-1996 compared to…

A meta-analysis of studies on overeducation and undereducation in the labor market reveals that of the four different definitions of overeducation distinguished in the literature, only the one based on variation in years of education within occupational groups appears to yield significantly lower-than-average rates of overeducation. (Contains 4…

Extends the standard human capital model by investigating the effects of uncertainty about future earnings and the probability of becoming unemployed on the optimum amount of schooling, assuming that lifetime earnings are maximized. Greater earnings dispersion by schooling level reduces the returns to schooling. (21 references) (MLH)

Examines relationship between overeducation and enterprise-related schooling, using data from a 1983 Dutch study of 43-year-old employees. Correctly allocated workers have the highest probability of participation in enterprise-related schooling, whereas undereducated workers have the lowest probability. The average rate of return on a year of…

Develops an empirical model for heterogeneous human capital investment decisions, using survey data from a cohort of Dutch workers. Applies the model to investment in three forms of enterprise-related training: technical, economic-administrative, and other. Results show that technical training yields the lowest wage gain, while other…