Economic tradeoffs students place on location, salary, distances to natural resource amenities, size of the city where the job is located, and commuting times for their first college graduate job are estimated using a mixed logit model for a sample of Texas A&M University students. The Midwest is the least preferred area having a mean salary…

Using quantile regression analyses, this study examines gender gaps in mathematics, science, and reading in Azerbaijan, Indonesia, Jordan, the Kyrgyz Republic, Qatar, Tunisia, and Turkey among 15-year-old students. The analyses show that girls in Azerbaijan achieve as well as boys in mathematics and science and overachieve in reading. In Jordan,…

This paper presents the results of an empirical investigation trying to explain individual time-to-degree variances with business cycle fluctuations. Assuming that students determine the optimum study length at university weighing up the cost of an additional semester against the consumption benefit of studying and not yet working, the general…

Economic theory suggests that competitive pressures will impact on organisational efficiency. In recent years, universities in Australia and New Zealand have faced increased competition for students. The aim of this paper is to explore the efficiency of Australian and New Zealand public universities and to investigate the impact of competition for…

This paper offers an explanation of the use of tenure-track contracts in academia. It argues that, because the results of academic research cannot be sold, a professor's profitability depends on the market value of the instruction he or she provides. But because that value depends directly on the extent of his or her observable research…

Evidence on teacher behavior is essential for the understanding of the performance of school systems. In this paper we utilize rich data to study the teachers' quit decision in Norway. We distinguish between decisions to move between public schools within school districts, to another school district in the same labor market region, across labor…

This study estimates the returns to boys' education for rural Bangladeshi households by accounting for some conventionally neglected items: direct costs of education, foregone child labour earnings, and option value. The estimated returns are 13.5% for primary education, 7.8% for junior-secondary education, 12.9% for higher-secondary education,…

Investigates the effect of plausible credit constraints on the cyclicality of teen college enrollments. Finds that teens from wealthier families are more likely to attend college in regional recessions. Also examines the influence of variations in regional economic conditions on teen enrollment propensities. Concludes that changes in teen…

Poorer families are financially constrained, or some characteristics of the family make the children less likely to participate in postcompulsory education. Proposes a methodology that separates financial and familial effects. Finds that while pupils from poorer families are less likely to invest in education, the family-characteristics effects…

Employs unique data set combining institution-specific characteristics and regional economic variables to examine the interaction between a university, its environment, and student migration. Finds universities that have regionally recognized quality programs have greater ability to attract nonresident students. Also finds linkage between…

Explores reasons behind the rising post-compulsory-education participation rates of 16- and 18-year-olds in Great Britain, Germany, the Netherlands, and Sweden. The key determinant of choosing further education is prior academic performance during compulsory schooling; this effect is more important for females than for males. (Contains 20…

The authors describe a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages in which student "sellers" first make investment decisions and then production decisions. The classroom game can be used to motivate discussions of…

Trade, the Internet, and product innovation have greatly enlarged the number of goods (N) in the consumer's choice set. The welfare effect of the growth in N has been extensively discussed in the specialized literature, but very little has filtered down to our textbook models of a competitive equilibrium. These focus on the Pareto-optimal…

The author proposes an alternative to the traditional definition of the gains from international trade and, hence, an alternative defense of free trade. Rather than showing that free trade allows a country to consume more of all final goods, the author's approach shows that free trade allows a country to consume the same basket of final goods that…

Computes rates of return to education in Singapore for 1980-1994, using the cost-benefit approach. Rates of return varied with education level. Although remaining higher than return rates for secondary education, those for tertiary education were declining. Polytechnic education enjoys the highest social/private return rates. (Contains 40…