2011
DOI: 10.19030/jber.v6i5.2413
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Measuring The Social Rate Of Return In Public Sector Labor Markets

Abstract: In many public sector labor markets, employee earnings do not reflect the value of that occupation to society. This paper provides some alternative models to measure that value.

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“…elationships between educational qualifications and employment profile are well documented (see Baum & Payea, 2004;Stokes & Wright, 2008). Employment profiles (i.e., employment rate, length of time unemployed, salary, & job satisfaction) of college graduates are regarded as important criteria for evaluating the returns on higher education.…”
Section: Introductionmentioning
confidence: 99%
“…elationships between educational qualifications and employment profile are well documented (see Baum & Payea, 2004;Stokes & Wright, 2008). Employment profiles (i.e., employment rate, length of time unemployed, salary, & job satisfaction) of college graduates are regarded as important criteria for evaluating the returns on higher education.…”
Section: Introductionmentioning
confidence: 99%