Some Aspects of the Theory of Investment in Education PDF Download

Author: James Jeffrey Morris
Publisher:
ISBN:
Category :
Languages : en
Pages : 496

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Author: Gary S. Becker
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP).

Author: Bryan Caplan
Publisher: Princeton University Press
ISBN: 0691201439
Category : Education
Languages : en
Pages : 551

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Why we need to stop wasting public funds on education Despite being immensely popular—and immensely lucrative—education is grossly overrated. Now with a new afterword by Bryan Caplan, this explosive book argues that the primary function of education is not to enhance students' skills but to signal the qualities of a good employee. Learn why students hunt for easy As only to forget most of what they learn after the final exam, why decades of growing access to education have not resulted in better jobs for average workers, how employers reward workers for costly schooling they rarely ever use, and why cutting education spending is the best remedy. Romantic notions about education being "good for the soul" must yield to careful research and common sense—The Case against Education points the way.

Author: Joop Hartog
Publisher: Now Pub
ISBN: 9781601987709
Category : Business & Economics
Languages : en
Pages : 190

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Schooling as a Risky Investment focuses exclusively on the risk that is associated with investing in education. The monograph surveys the modest literature, identifies and explains the weakest aspects of knowledge in the field, and reflects on policy issues.

Author: Robert K. Dixit
Publisher: Princeton University Press
ISBN: 1400830176
Category : Business & Economics
Languages : en
Pages : 484

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How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing, they answer important questions about investment decisions and the behavior of investment spending. This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems.

Author: William A. Owings
Publisher: Routledge
ISBN: 1351013785
Category : Education
Languages : en
Pages : 332

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Designed for aspiring school leaders, this text presents the realities of school finance policy and issues, as well as the tools for formulating and managing school budgets. In an era of dwindling fiscal support for public schools, increasing federal mandates, and additional local budget requirements, educational leaders must be able to articulate sound finance theory and application. The authors move beyond coverage found in other texts by providing critical analysis and unique chapters on misconceptions about school finance; fiscal capacity, fiscal effort, adequacy, and efficiency; demographic issues; and spending and student achievement. Examining local, state, and federal education spending, this text gives readers the foundation to understand school finance and knowledgeably educate colleagues, parents, and other stakeholders about its big-picture issues, facts, and trends. The new edition of American Public School Finance will help educational leaders at all stages of their careers become informed advocates for education finance practice and reform. New in this edition: Expanded coverage on school choice Discussion of new standards and law Updated exploration of student demographics and its impact on learning Advanced pedagogical features such as connections to the latest Professional Standards for Educational Leaders (PSEL), Focus Questions, Case Studies, and Chapter Questions/Assignments Complementary electronic resources designed to deepen and extend the topics in each chapter and to provide instructors with lecture slides and other teaching strategies.

Author: John Maynard Keynes
Publisher: Springer
ISBN: 3319703447
Category : Business & Economics
Languages : en
Pages : 430

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Book Description
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

Author: Josh Waitzkin
Publisher: Simon and Schuster
ISBN: 0743277465
Category : Biography & Autobiography
Languages : en
Pages : 291

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Book Description
An eight-time national chess champion and world champion martial artist shares the lessons he has learned from two very different competitive arenas, identifying key principles about learning and performance that readers can apply to their life goals. Reprint. 35,000 first printing.

Author: Walter J. Reinhart
Publisher: CreateSpace
ISBN: 9781491246542
Category : Education
Languages : en
Pages : 268

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Book Description
Investments: Theory, Behavioral Aspects and Application covers behavioral aspects ofinvesting, investment strategies including buy and sell disciplines, technical analysis, plus the more standard textbook topics of security valuation and risk analysis, asset class management, investment applications, derivative valuation, portfolio construction and investment evaluation. The behavioral topics range from psychological factors to “deadly sins” of financial decision making. As part of the behavioral aspects a brief overview of technical analysis is also presented. A brief overview of personal finance is also included in the second edition. The first two chapters set the stage for investing by presenting various elements of investment management and behavioral aspects. These chapters help lay out the environment in which investors and others operate. The next three chapters present basic valuation and risk characteristics of bonds and stocks. Bonds and stocks are two main asset classes that are large, global, part of “everyone's portfolio,” and are the basis for many derivative instruments. Next we turn our attention to strategies and applications. Disciplined stock selection and tactics are presented in Chapter 6, while the most important decisions relating to investing, namely asset allocation, is discussed in Chapter 7. Styles and strategies, and global investing are then presented in the next two chapters respectively. Chapter 10 presents the term structure of interest rates and bond strategies. Our attention then turns to derivative securities in Chapters 11 and 12 (options and futures respectively). The book concludes with a brief introduction to modern portfolio theory and investment performance evaluation. It should also be noted that portfolio considerations are mentioned throughout the book.The main body of the book is divided into five sections and the chapters present the material in an outline form with essays to expand on the material. For the more advanced reader the outline provides a synopsis and allows the reader to decide if they need to refresh their knowledge or if they need to expand their knowledge by reading the essay portions. For the less advanced reader the outline provides a summary of the material and the essay portions fill in the details for a fuller understanding of the topics presented. Each section has a brief overview of the material contained in the section. Additionally, the student is strongly encouraged to explore the Internet and other sources to further enhance the chapter material and their learning experience. For example the derivative chapters should be expanded by visits to the Chicago Options Exchange and the Chicago Board of Trade websites. Each chapter ends with thought questions that address the major points in the chapter to enhance student learning, and these are followed with questions and problems that address specific aspects of the chapters.Our goal in this book is to blend the theory of investments and asset pricing with thebehavioral side of investing and introducing “pragmatic applications.” Because of the cover ice fishing is related to investing – it helps to expand the minds of the reader and hopefully teaches them to think outside the box and expand their horizons. We also recognize that the savings and investment process is dependent on individual choice and the decisions regarding the appropriate investments should be based on risk tolerance.If you are interested in adopting this book for your investments course please contact:Dr. Walter J. ReinhartLoyola University Graduate Center2034 Greenspring DriveTimonium, MD 21093If you are just a casual reader, or an interested investor you should the find the book helpful in your quest to successfully invest. If you have questions or suggestions please contact the author at the above address.

Author: Eric A Hanushek
Publisher: Elsevier
ISBN: 0080465668
Category : Business & Economics
Languages : en
Pages : 853

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Book Description
The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement. With contributions from leading researchers, each Handbook presents an accurate, self-contained survey of the current state of the topic under examination. These surveys summarize the most recent discussions in journals, and elucidate new developments. Although original material is also included, the main aim of this series is the provision of comprehensive and accessible surveys. *Every volume contains contributions from leading researchers *Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys