In this article, the authors summarise their panel presentation on role of education in managerial economics, given at Danube Cup April, 2022. The main finding article and is that today's tomorrow's economists need to think a so-called global framework. A common commodity energy policy becoming an increasingly urgent issue will significantly change development path international institutions te...

The article considers the prospects for development of education economy in modern market conditions. main reason considering this topic is that period, science immature, since it does not demonstrate ability to offer effective, efficient, socially feasible and economically viable solutions educational problems. Accordingly, direction should be considered scientific fundamental technological ap...

Using a panel of U.S. school districts spanning 1970 – 2000, we examine the relationship between income inequality and fiscal support for public education. In contrast with recent theoretical and empirical work suggesting a negative relationship between inequality and public spending, we find results consistent with a median voter model, in which inequality that reduces the median voter’s tax s...

Most OECD countries experience high unemployment rates and declining growth in higher educational attainment. An often suggested government policy is therefore to allocate resources towards formal schooling for adults. However, returns on such investments are uncertain and the foregone earnings are potentially large. We use Swedish population register data from 1982 to 2011 to estimate average ...

Using the U.S. labor market as a common point of reference, this article investigates the influence of source country school quality on the returns to education of immigrants. Based on 1980 and 1990 census data, we first estimate country-of-origin specific returns to education. Results reveal that immigrants from Japan and northern Europe receive high returns while immigrants from Central Ameri...