Investment in human capital through upper-secondary and tertiary education

Investment in human capital through upper-secondary and tertiary education
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通过高中和高等教育进行人力资本投资

DOI:
10.1787/eco_studies-v2002-art3-en
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发表时间:
2002
期刊:
Oecd Economic Studies
影响因子:
--
通讯作者:
Nathalie Girouard
Nathalie Girouard
中科院分区:
--
文献类型:
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作者:
S. Blöndal;S. Field;Nathalie Girouard

文献摘要

被引文献

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本文考察了与年轻人和老年人技能习得有关的各种效率和公平方面。分析表明,人力资本投资与个人的显著劳动力市场收益有关,包括更高的税后收入和更好的就业前景,这大大超过了投资成本,主要是放弃的收入和学费。研究还表明,净收益受到政策相关因素的强烈影响,如学习时间、学费补贴和学生支持。总的来说,文章中报告的估计表明,普通学生在义务教育年龄之后继续学习有很强的动机,也指出了这种教育投资对整个社会的好处。然而,净收益随着年龄的增长而下降,主要反映了利用教育带来的好处的时间更短。最后,文章指出,接受高等教育的学生往往来自更富裕的背景,他们受益于大量的公共补贴,而来自弱势背景的年轻人不太可能参加高等教育,因此受益于公共补贴。
This article examines various efficiency and equity aspects related to the skill acquisition of young people and older adults. The analysis suggests that 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 article 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 article notes that students in higher education tend to come from more affluent backgrounds and that they benefit from large public subsidies, whereas young people from disadvantaged backgrounds are less likely to participate in tertiary education and thus benefit from public subsidies.