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Full-Text Articles in Education
The Effects Of Education And Cognitive Skills On Employability And Earnings For Labor Market Entrants: Evidence From Large-Scale Worldwide Survey Data, Yongchao Zhao
Dissertations, Theses, and Capstone Projects
People’s stock of knowledge, abilities, and other personal characteristics, namely human capital, has been widely regarded as a fundamental input to both individuals' ability to earn a living and to fuel economic growth. Traditionally, formal education has been widely considered as a good investment in human capital and an extensive literature has shown that it has a positive and strong association with labor market success. However, considering the global knowledge economy, which emphasizes skills and knowledge, the economic benefits of formal education are being questioned, as findings from recent research reviews revealed that the overall rate of return to education …