Estimates internal rates of return on primary, secondary, and university education in Chile between 1960 and 1985. Results show a declining time-trend in rates of return (especially social rates) attributable to expansion of the education system, the shift of labor demand from middle education to primary skills, and increasing real costs of…

Empirical analyses of higher education subsidies are commonly misleading because they disregard appropriate age composition in the parental reference population. Further distortions occur depending on parents' categorization by income, occupation, or education. This paper addresses these issues using empirical data from Chile, France, and…

Reviews two papers appearing in this "Economics of Education Review" issue. Faults M.J. Bowman, B. Millot, and E. Schiefelbein's tax burden study for excluding background information on educational goals in France, Chile, and Malaysia. Criticizes L. R. Jones, F. Thompson, and W. Zumeta for viewing budgeting as limiting expenditures, rather than…