Explains overeducation as an economic phenomenon using several labor-market models. Establishes theoretically the effect of overeducation on production, using a production function model that characterizes production as a two-phase process. (PGD)

Empirical data from a farm-level survey of 1,548 small farmers in Guatemala show that there appears to be a threshold effect and that four or more years of education are needed to have a measurable impact on farm productivity. Appended are 13 references. (MLF)

A sample of 328 freshman economics students is disaggregated by the students' gender, previous knowledge of economics, attitudes toward economics, and innate abilities. Results show that students learn more economics if they take microeconomics before macroeconomics. Appended are 14 references. (MLF)

Empirical estimates of production frontiers and average production functions performed for selected public elementary school districts in California support the hypothesis of an optimal school size model. Some policy implications of the results are briefly analyzed. Appended are 16 references. (MLF)

Using data from the National Longitudinal Survey of Young Men, this paper reveals that earnings below expectations induce a return to school. Appended are 12 references. (MLF)

Equity impacts of school finance reform in South Carolina are studied with the aid of 15 different measures of equity. Results indicate considerable equity improvements in the state from 1978 to 1982. (Author/MLF)

Develops a model of ideal minority representation to assess whether or not an employer's current personnel policies are consistent with a random hiring policy. The model is then applied to a case alleging sex discrimination in the hiring practices of a university academic department. Appended are 12 references. (MLF)

The relationship of minutes of reading instruction to the gains in reading performance for 3,374 elementary school children shows consistent positive findings between large- and small-group classroom instruction and reading gains. Some of the negative results for individualized instruction may be due to school assignment practices. (Author/MLF)

This paper considers the relation of education and of scientific and technical knowledge developed through research and development to labor productivity growth within the medium term. The empirical significance of sources of productivity growth is tested using data for the United States and 14 other nations. (Author/MLF)

Data from the 1970 Brazilian Census are used to explore the effects of parents' investments in their children's education on the pattern of future income distribution and on the intergenerational transmission of inequality, using a simulation model. Appended are 21 references. (Author)

Presents an economic model of the relationship among educational effort, ability, employment qualifications, and productivity. Suggests that occupational competency requirements may encourage applicants to restrict their investments in education to the minimum necessary to obtain certification, rather than striving for competency levels that would…

Publicly-provided grants have a significant, positive effect on high school seniors' decisions to enroll in college, particularly among lower income groups. Other types of student financial aid have no measurable effect, according to a study using a binomial logic model based on a multiperiod household utility maximization model. (PGD)

Analyzes the allocation of student time from the perspective of economic theory with an economic model that predicts a small increase in educational achievement relative to substantial increases in instructional time. Predictions are supported by empirical evidence. Policy consequences are examined. (MLF)

Investigates the effect of state and federal grants on South Carolina local revenues for 1978 and 1982. Although local revenues are stimulated by federal aid, some of the latter is used for tax relief. (MLF)