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The Supply Of Public School Teachers In The United States: A Study In Human Capital Theory, Andrew W. Bacdayan
The Supply Of Public School Teachers In The United States: A Study In Human Capital Theory, Andrew W. Bacdayan
All Graduate Theses and Dissertations, Spring 1920 to Summer 2023
This study uses the principles of human capital theory to develop and test a theory of a supply of a class of educated manpower services with special reference to school teachers.
In the theory formulation, the determinants of the existing stock of teacher education capital are first identified. These are: (a) the price per man-year of teaching service, WTS, (b) the rate of interest, r, (c) the price of the human capital already embodied in the individual working for a college degree in teacher education, WCS, and (d) private costs of education such as foregone earnings and tuition fees, FERTN. …