Education

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    Should schools bother with modern human resources management?

Should schools bother with modern human resources management?

For decades, private sector firms have been aware of the benefits they can derive by investing in the management of their employees. Incentivising employees through individual and group performance pay allows firms to attract the best talent and increases worker effort. Fostering employee ‘ownership’ of the production process through team-working, initially pushed by Japanese manufacturing firms like Toyota, are […]

Do apprenticeships increase earnings?

Is there an earnings differential for starting an apprenticeship over and above the pay of young people who have already had a full-time school or college-based education? Our research looks at people who finished their GCSE exams in 2003 and who were therefore 28 years of age in 2015. We use administrative data to follow them from 2003 through […]

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    Analysing the distributional effects of higher education funding reforms in the UK

Analysing the distributional effects of higher education funding reforms in the UK

Over the last two decades, the financing of higher education in England has been transformed. The system has gone from one that offered free-of-charge, full-time undergraduate studies to being one of the most expensive in the OECD. The amount of direct public expenditure on higher education has been reduced from 80 per cent to around 25 per cent (see […]

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    The educational and economic value of embracing people’s mother tongues

The educational and economic value of embracing people’s mother tongues

In Uganda, only 32 per cent of school children are literate in their mother tongue. They grow up in one of the country’s 65 ethnic tribes, each of which has its own language. But from their fourth year at primary school they are taught in the country’s official language, English. Yet research shows that to achieve their full potential […]

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    Investing in a university diploma in Britain is still worth the cost

Investing in a university diploma in Britain is still worth the cost

In a recent article in The Political Quarterly Alan Ware claimed that for most students, higher education was not worth the cost. He claimed that there is no “need” for higher education, that higher education does not result in higher earnings, higher education does not impart useful skills, nor does it facilitate social mobility. In a recent article in The Political Quarterly I evaluated Ware’s claims and […]

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    Students’ university degree classification affect their pay later in life

Students’ university degree classification affect their pay later in life

Since the early 1960s, with developments in the field of human capital research, analysis of the returns to education has established robust evidence of a strong positive association between earnings and years of schooling or level of qualification attained. But there has been little analysis of how returns vary according to the level of academic performance – for example, […]

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    The more universities in a country, the faster its economic growth

The more universities in a country, the faster its economic growth

In 1900, only one in a hundred young people in the world were enrolled at universities, but over the course of the twentieth century this rose to one in five.  It turns out that this enormous expansion of the higher education sector was not just the product of riches – it has helped fuel economic growth.

We compiled new data […]

What if we turned the skills-gap debate around?

One of the frequent criticisms levelled at universities in both the US and UK is that they do not provide students with the skills they need in the workplace. Often borrowing from human capital theory, first elaborated by the late Chicago School economist Gary Becker in the 1960s, critics argue that high aggregate unemployment rates, particularly of recent college […]

Spending review brings good news for science

In the government’s recent Spending Review, Chancellor George Osborne had surprisingly good news for UK researchers and UK businesses. ‘In the modern world, one of the best ways you can back business is by backing science’, he said. ‘That’s why, in the last Parliament, I protected the resource budget for science in cash terms. In this Parliament, I’m protecting […]

A quiet revolution is transforming business schools

There is a quiet revolution going on in business schools. Some call it the “transition to predictability” others call it “causal based research”. A few business schools are transitioning from explaining success to predicting success. This is happening because of the way science naturally evolves, and it has major implications for you and your career. Broadly, scientific development comes […]