Investment in Human Capital Through Post-Compulsory Education and Training: Selected Efficiency and Equity Aspects
This paper examines various efficiency and equity aspects related to the skill acquisition of young people and older adults. The analysis suggests that such human capital investment is associated with significant labour-market gains for individuals, including higher post-tax earnings and better empl...
Gespeichert in:
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2002
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| Schriftenreihe: | OECD Economics Department Working Papers
no.333 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper examines various efficiency and equity aspects related to the skill acquisition of young people and older adults. The analysis suggests that such human capital investment is associated with significant labour-market gains for individuals, including higher post-tax earnings and better employment prospects, which exceed the investment costs, mainly foregone earnings and tuition fees, by a significant margin. It also shows that the net benefits are strongly influenced by policy-related factors, such as study length, tuition subsidies and student support. Overall, the estimates reported in the paper indicate that there are strong incentives for the average student to continue studying beyond the compulsory schooling age, and also point to the benefits of such investment in education for society as a whole. However, the net gains fall with age, mainly reflecting a shorter period to take advantage of the benefits that come with education. Finally the paper notes that students ... |
| Beschreibung: | 1 Online-Ressource (60 p.) 21 x 29.7cm. |
| DOI: | 10.1787/778845424272 |
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| spelling | Blöndal, Sveinbjörn VerfasserIn aut Investment in Human Capital Through Post-Compulsory Education and Training Selected Efficiency and Equity Aspects Sveinbjörn, Blöndal, Simon, Field and Nathalie, Girouard = Investissement en capital humain au travers de l'éducation et la formation post-obligatoires / Sveinbjörn, Blöndal, Simon, Field et Nathalie, Girouard Investissement en capital humain au travers de l'éducation et la formation post-obligatoires Paris OECD Publishing 2002 1 Online-Ressource (60 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.333 This paper examines various efficiency and equity aspects related to the skill acquisition of young people and older adults. The analysis suggests that such human capital investment is associated with significant labour-market gains for individuals, including higher post-tax earnings and better employment prospects, which exceed the investment costs, mainly foregone earnings and tuition fees, by a significant margin. It also shows that the net benefits are strongly influenced by policy-related factors, such as study length, tuition subsidies and student support. Overall, the estimates reported in the paper indicate that there are strong incentives for the average student to continue studying beyond the compulsory schooling age, and also point to the benefits of such investment in education for society as a whole. However, the net gains fall with age, mainly reflecting a shorter period to take advantage of the benefits that come with education. Finally the paper notes that students ... Economics Field, Simon MitwirkendeR ctb Girouard, Nathalie MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/778845424272 Volltext |
| spellingShingle | Blöndal, Sveinbjörn Investment in Human Capital Through Post-Compulsory Education and Training Selected Efficiency and Equity Aspects Economics |
| title | Investment in Human Capital Through Post-Compulsory Education and Training Selected Efficiency and Equity Aspects |
| title_alt | Investissement en capital humain au travers de l'éducation et la formation post-obligatoires |
| title_auth | Investment in Human Capital Through Post-Compulsory Education and Training Selected Efficiency and Equity Aspects |
| title_exact_search | Investment in Human Capital Through Post-Compulsory Education and Training Selected Efficiency and Equity Aspects |
| title_full | Investment in Human Capital Through Post-Compulsory Education and Training Selected Efficiency and Equity Aspects Sveinbjörn, Blöndal, Simon, Field and Nathalie, Girouard = Investissement en capital humain au travers de l'éducation et la formation post-obligatoires / Sveinbjörn, Blöndal, Simon, Field et Nathalie, Girouard |
| title_fullStr | Investment in Human Capital Through Post-Compulsory Education and Training Selected Efficiency and Equity Aspects Sveinbjörn, Blöndal, Simon, Field and Nathalie, Girouard = Investissement en capital humain au travers de l'éducation et la formation post-obligatoires / Sveinbjörn, Blöndal, Simon, Field et Nathalie, Girouard |
| title_full_unstemmed | Investment in Human Capital Through Post-Compulsory Education and Training Selected Efficiency and Equity Aspects Sveinbjörn, Blöndal, Simon, Field and Nathalie, Girouard = Investissement en capital humain au travers de l'éducation et la formation post-obligatoires / Sveinbjörn, Blöndal, Simon, Field et Nathalie, Girouard |
| title_short | Investment in Human Capital Through Post-Compulsory Education and Training |
| title_sort | investment in human capital through post compulsory education and training selected efficiency and equity aspects |
| title_sub | Selected Efficiency and Equity Aspects |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/778845424272 |
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