Presents model for analyzing the distribution and interaction costs of asynchronous distance courses with traditional on-campus courses. (PKP)

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)

Develops an inter-temporal optimization model linking academic achievement reputation, and the pool of student quality available to an institution. Describes empirical study of student-quality dynamics and its relation to the model. Finds that SAT levels of attracted students follow a convergent process as predicted, with graduation rates,…

Estimates a college-attendance equation for a common set of students (from the High School and Beyond Survey) using three popular econometric specifications: the multinomial logit, the ordered probit, and the bivariate probit. Estimated marginal effects do not differ significantly across the three specifications. Choice of specification may not…

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)

In 1984 "Economics of Education Review" paper, E. Bell indicates that, when capital markets are imperfect in a certain sense, demand for education may not always be directly related with present net value of education. This study shows Bell's paradox is possible under the alternative definitions of capital market imperfections and…

Explores whether flexible nonlinear models (including neural networks and genetic algorithms) can reveal otherwise unexpected patterns of relationship in typical school-productivity data. Applying three types of algorithms alongside regression modeling to school-level data in 183 elementary schools proves the hypothesis and reveals new directions…

Constructs a model using an idiosyncratic expected-earnings variable to explain the probability that a student will choose a specific major among four choices of concentrations. Finds that the expected-earnings variable is essential in the choice of a college major; however, there are significant differences in the impact of expected earnings by…

Uses national longitudinal data set of 8th-graders to examine 2 potential explanations (returns to schooling and noncognitive skills) for the fact that nearly 60 percent of today's college students are women. Finds that higher noncognitive skills and college premiums among women account for nearly 90 percent of the gender gap in higher education.…

Examines education's effects on choice of medical care inputs and the subsequent relationship between these inputs and overall health. Specifically examines consumption of curative and preventive medical care and other lifestyle choices, using nultivariate analysis of three estimation models and 1987 National Medical Expenditure Survey data.…

Discusses two versions of a signaling game to set minimal quality requirements for higher education applicants in Israel: one assumes low sensitivity to quality, the other high sensitivity. Concludes that indirect government influence on quality variations in applicant pool is more effective in controlling institutional quality then direct…

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)