Wednesday, October 29, 2014

Estimating Returns to Education: 60 years of research effort

Prof. George Psacharopoulos: "Sixty years of returns to education: Where do we stand?"

Zveme veřejnost na přednášku světoznámého akademického ekonoma školství a vzdělávání prof. Psacharopoulose.

Venue: CERGE-EI, Politickych veznu 7, 111 21 Prague 1
Date: November 4th, 2014
Time: 10:00 - 11:00 a.m.
The event will be held in English only.
Registrace předem  zde.
Participants may also attend a follow-up presentation of two new studies exploring returns to education in the Czech Republic and EU countries, followed by a reception. Capacity is limited so please reserve your seat in advance.

The talk will begin with a brief history of the economics of education and how   the field developed and generated so 
many Nobel Prizes: from Solow to Schultz, Becker, Mincer, Lucas and Heckman. He will address why the rate of return to investment in 
education has become a key theoretical concept and the subject of voluminous empirical research. Basic human capital theory, estimation 
methodology, highlights of empirical findings, and uses and misuses of the rate of return in policy formulation will be covered along with 
examples of countries at different levels of development. Psacharopoulos  will explain the relevance to the current formulation of the United 
Nations Post-2015 Millennium Development.

Over the course of his career, George Psacharopoulos has made a deep impact on the way education is viewed in relation to economics and developing nations. In 2003, the Economics of Education Review dedicated an entire issue in his honor and recognizing the significance of his academic endeavors. Psacharopoulous is a prolific writer, with over 500 publications, translated into more than 12 languages.

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